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After Strong Results, Can Federal Bank Re-Rate Further? | Ideas For Profit

Federal Bank has rallied close to 25 percent in the past year, outperforming Nifty and Bank Nifty that clocked single-digit negative returns over this period. The guidance on further improvement in return on asset as well as interest margin despite firming up of interest rates is reassuring. However, the slack in deposits is a slight worry. Should you buy the stock at the current level? Watch the video to find out

first published: Oct 18, 2022 08:33 am

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