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Federal Bank manages to halve slippages in Q2

Aluva-based private lender Federal Bank reported a 12.52% rise in its second-quarter profit to Rs 215.10 crore compared with Rs 191.16 crore in the corresponding year-ago quarter. The bank has been focusing on reshaping on the portfolio for the last 12-18 months, Shyam Shrinivasan, MD & CEO told CNBC-TV18.

first published: Oct 22, 2012 02:14 pm

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