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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.

May 11, 2012 / 12:11 IST
     
     
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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

    first published: May 11, 2012 10:10 am

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