Private sector lender Federal Bank has reported a 25 per cent year-on-year increase in its fiscal third quarter (October-December 2023-24) at Rs1,007 crore, against Rs803.6 crore
Federal Bank Q3 earnings: Net interest income (NII) for the quarter came in at Rs 2,123 crore, up 8.48 per cent YoY over Rs 1,957 crore in the corresponding quarter last year.
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The bank s total business touched Rs 4,25,685 crore. The bank s total deposits increased by 23.12% and net advances increased by 19.58%, the bank said in a press release.