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03-May-2024

Federal Bank

Expects to continue to improve ROA, credit cost likely at 30 bps

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Federal Bank conducted a conference call on 02 May 2024 to discuss its financial results for the quarter ended March 2024. Shyam Srinivasan, MD&CEO of the bank addressed the call:

Highlights:

The bank has achieved record high net profit in FY2024. 

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