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Federal Bank Q2 profit jumps 45% to record Rs 1,386 crore

viaeconomictimes.indiatimes.com16 Oct
Federal Bank Q2 profit jumps 45% to record Rs 1,386 crore
Federal Bank posted record Q2 profit of Rs 1,386 crore, up 45% year-on-year, as net interest income climbed 26%. Advances grew 22% and deposits 19%, while asset quality improved, with gross NPAs declining to 1.32% during the September quarter.

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