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  • Federal Bank Net profit up by 20% at Rs.1005.75 Cr
  • May 01, 2015
  • Federal Bank announced it's financial result - Net profit up by 20%.

    Federal Bank announced the audited financial results for the year ended 31st March 2015 today at Kochi. The Bank recorded strong performance in terms of growth in all key parameters despite the challenging environment.

    The key highlights of the results are:
    Net Profit breaches Rs. 1000 Cr landmark
    Both Deposits and Advances outgrow Industry by more than 40%
    Gross NPA reduced by one-third over a period of 2 years, bucking Industry trend
    Operating Profit & Net Profit

    The Bank posted it...
  • View more at: http://www.1888pressrelease.com/federal-bank-net-profit-up-by-20-at-rs-1005-75-cr-pr-562403.html