close

Federal Bank posts best ever quarterly net profit, up 59% at Rs 477 cr

Lower provisioning boosts bottom line; operating profit down 7.74% in Q4FY21 to Rs 885 cr

Federal Bank net profit up 18%
Premium

Mumbai
Kochi-headquartered private sector lender Federal Bank has reported a 59 per cent year-on-year (YoY) growth in net profit in the March quarter of FY21 due to lower provisions and a

Also Read

Election results LIVE: Mamata wins Bengal, DMK TN, LDF Kerala, BJP Assam

Tamilnad Mercantile Bank H1 profit up 60% to Rs 242 cr, GNPAs drop 25%

Bank asset quality may see sharp deterioration post-moratorium: RBI

NPAs set to see a sharp jump this year amid Covid-19 pandemic: Experts

India Inc's big boys: Share of large borrowers on banks' books decline

Airtel's Q4 PAT declines 11% QoQ to Rs 759 crore; ARPU falls to Rs 145

Federal Bank's Q4 net profit jumps 59% to Rs 478 crore, bad loans rise

Bharti Airtel Q4 preview: Strong operating performance seen; ARPU may fall

MCFL Q4 profit down 38% at Rs 15 crore; revenue up at Rs 603 crore

Cholamandalam Financial's standalone fourth quarter net at Rs 31.97 crore

First Published: May 17 2021 | 4:44 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com