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The bank plans to focus on retail loan growth while remaining cautious on microfinance and personal loans.
Despite a modest rise in Net Interest Income, higher provisions significantly impacted the bank's profit for the quarter.
The shares of the company rose by 2.64 per cent.
Federal Bank's total deposits registered a notable growth of 12.32% for the financial year ended March 31, 2025
The Chalakkudy police have launched an investigation, gathering statements from bank staff.
Legendary art forms were utilized in a contemporary context to communicate with young students.
On a standalone basis, Federal Bank reported 29 per cent rise in net profit at Rs 854 crore.
Earlier in the day, a business portal reported, quoting sources, that the bank was in talks with for a merger.
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