MFI stress is easing, festive season to bring better times: KVS Manian, Federal Bank
Mumbai: KVS Manian, Federal Bank‘s MD, has expressed confidence that slippages in the bank’s micro finance book have peaked last quarter, and that return on assets (RoA) would improve on better festive-season demand and supported by products such as gold loans. Federal Bank’s net profit dropped 15% year-on-year in the first quarter ended June 2025 … Read more