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
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
