'Federal Bank has reported 14% growth in net profit at Rs 1030.23
crore for the quarter ended March 2025 (Q4FY2025). The bank has posted 8% growth
in net interest income (NII), while the core fee income of the bank improved 31%
in Q4FY2025. The Net Interest Margin (NIM) of the bank declined marginally to 3.12%
in Q4FY2025 compared to 3.21% in the corresponding quarter of previous year.
On business front, the bank has posted 12% growth
in business with 12% increase in loan book. The asset quality of the bank has continued
to improve in Q4FY2025. Bank has maintained stable credit to deposit ratio to 84.0%
at end March 2025 from 84.2% at end March 2024. The CASA ratio of the bank has improved
to 30.2% at end March 2025 from 29.4% at end March 2024.
Asset quality improves: The bank has continued to improve asset quality
in Q4FY2025.
The fresh slippages of loans stood at Rs 492 crore
in Q4FY2025 compared with 498 crore in previous quarter and Rs 37...
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