'Federal Bank has reported 10%
decline in net profit at Rs 955.26 crore for the quarter ended September 2025
(Q2FY2026). The bank has posted 5% growth in net interest income (NII), while
the core fee income of the bank also improved 11% in Q2FY2026. The Net Interest
Margin (NIM) of the bank improved to 3.06% in Q2FY2026 from 2.94% in Q1FY2026,
while eased from 3.12% in the corresponding quarter of previous year.
On business front, the bank as has posted 6% growth in
business with 5% increase in loan book. The asset quality of the bank has
improved in Q2FY2026. Bank has reduced the credit to deposit ratio to 84.7% at
end September 2025 from 86.9% at end September 2024. CASA ratio of the bank has
improved to 31.0% at end September 2025 from 30.1% at end September 2024.
Asset quality improves: The
bank has improved asset quality in Q2FY2026.
The fresh slippages of loans stood at Rs 584 crore in
Q2FY2026 compared with Rs 661 crore in previous qua...
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