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Last Updated : Jul 22, 2016 11:12 AM IST | Source: CNBC-TV18

Federal Bank Q1 profit seen up 19%, credit cost to be key

Key things to watch out for would be net interest margin, gross non-performing assets and credit cost.

 
 
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Federal Bank's first quarter (April-June) profit is expected to increase 19.2 percent year-on-year to Rs 168.6 crore and net interest income may increase 13.3 percent to Rs 685.1 crore, according to average of estimates of analysts polled by CNBC-TV18.


Net interest income is the difference between interest earned and interest expended.


Key things to watch out for would be net interest margin, gross non-performing assets and credit cost.

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Analysts say if net interest margin comes above 3 percent, gross non-performing assets below 3.1 percent and credit cost below 50 basis points, then that may be positive.



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First Published on Jul 22, 2016 08:12 am
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