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Saturday, October 18, 2025

Federal Bank: Provisions lead to a 9.5% drop in net profit

Federal Bank reported a record rise in operational income for the September 2025 quarter, but higher provisions led to a 9.5% year-on-year decline in net profit. Despite a cautious approach to risk management, the bank saw improved asset quality and growth in its commercial book, while investing in digital platforms.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/QI9ZD6B

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