Analysts say sizeable improvement in stressed assets is needed for Federal Bank's stock to get rerated, given that its loan book growth was not just fuelled by corporate loans, but unsecured personal loans in the retail space as well.
2 min read18 Oct 2018Provisions and contingencies for Federal Bank fell 15.77% to ₹199 crore in the quarter from ₹236 crore a year ago
1 min read17 Jul 2018Federal Bank's net profit for the March quarter rose 2400% to Rs256.59 crore from Rs10.26 crore a year ago
1 min read28 Apr 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared