May 11, 2012, 12.11 PM IST

Federal Bank Q4 PAT likely to jump 15% at Rs 198 cr

Private sector lender Federal Bank is expected to report a growth of 15% year-on-year in its profit after tax at Rs 198 crore for the fourth quarter of FY12, according to CNBC-TV18.

Source: CNBC-TV18
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Private sector lender Federal Bank is expected to report a growth of 15% year-on-year in its profit after tax at Rs 198 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.


Net interest income is seen going up by 21% to Rs 542.6 crore from Rs 447.6 crore year-on-year.


Expectations


- Loan & deposit growth is likely to be 15%


- Bank has aggressively reduced proportion of bulk deposits during the quarter


- Net interest margins are likely to remain stable


- Slippages are likely to remain high due to stress on corporate accounts


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