Last Updated Last Updated : April 07, 2021 / 10:10 AM IST | Source: Moneycontrol.com

Federal Bank – Is there room for re-rating amid the Covid scare?

We find comfort in the current valuation of Federal Bank at 1X FY22e adjusted book, which is at a discount to peers and could improve as asset quality concerns abate and growth returns

Madhuchanda Dey

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