Federal Bank Q1 net falls 8.3% on higher provisioning

The bank recorded the highest-ever operating profit of Rs 1,135.18 crore in the quarter, 22% higher y-o-y. Net interest income grew 9.41% to Rs 1,418.43 crore while other income grew 33.13% to reach Rs 650.15 crore.

from Banking & Finance – The Financial Express https://ift.tt/3zv70u4