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    HomeNewsBusinessEarningsFederal Bank Q3 profit up 32% to Rs 441cr

    Federal Bank Q3 profit up 32% to Rs 441cr

    Total income also improved to Rs 3,738.22 crore during the third quarter as against Rs 3,299.96 crore in the year-ago period, Federal Bank said in a regulatory filing.

    PTI
    January 20, 2020 / 18:55 IST
       
       
      26 Aug, 2025 12:21
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      Federal Bank on January 20 posted 32.1 per cent increase in net profit at Rs 440.64 crore for December quarter 2019-20. The private sector lender registered a profit of Rs 333.63 crore in the year-ago period.

      Total income also improved to Rs 3,738.22 crore during the third quarter as against Rs 3,299.96 crore in the year-ago period, Federal Bank said in a regulatory filing.

      Gross non-performing assets (NPAs) declined to 2.99 per cent of the total advances during the quarter, compared with 3.14 per cent at the end of the third quarter of 2018-19.

      Net NPAs of the bank also fell to 1.63 per cent of the total assets in October-December 2019 as against 1.72 per cent a year ago.

      For All Earnings Related News - Click Here

      PTI
      first published: Jan 20, 2020 06:50 pm

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