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Federal Bank Q4 zooms 25 times to Rs 257 cr

Net NPAs also declined to 1.28% in March 2017 from 1.64% a year ago

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Federal Bank

Abhijit Lele & Samie Modak  |  Mumbai 



Federal Bank net profit up 18%
A Federal Bank branch. File photo

Private lender Federal Bank’s net profit jumped 25 times to Rs 257 crore for the quarter ended March (Q4) on healthy growth in net interest income (NII) and dip in provisions for stressed assets.

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First Published: Sat, April 29 2017. 02:37 IST

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