Federal Bank announce Finance results on show a net profit fall 26%

Federal Bank announce Finance results on the show a net profit fall 26% 

The Private banking sector on Federal Bank Finance results can be seen released, Earning report profit down 26 on the bank. 

Federal Bank Net profit Rs.308 crore decline the 26% percent, last Q1 FY21 results profit Rs.401 crore but this Q2 results down the Federal Bank.

That bank deposit growth increases the last Q1 compare to this Q2 12% percent increase.

Net interest income bank Rs.1,380 crore increase the 3.13% percent up and other income Rs.509 crore.

The Federal Bank provides loans increased the 6%. Other assets increase 2 to 3% percent up and Bank fixed assets down the 1 to 1.5% percent.

Friday market small recover the NSE and BSE, a Federal Bank share price lite up Rs.52.20 market changes value 0.87% percent gain.  

Thank you for reading an more updates Follow Social Media and Stay tune to Businesline.info

Leave a Comment