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%

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

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

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