Federal Bank Q3 profit surges 25% to ₹1,007 cr
Private lender’s Q3 NII at ₹2,123 crore, an 8.53% YoY increase
Private lender’s Q3 NII at ₹2,123 crore, an 8.53% YoY increase
The new rule divides the category of non-institutional investors (NIIs) into two sub-categories, but stock exchanges are not providing the application amount under these two categories separately.
The bank saw robust loan growth, with advances rising 53.4% to Rs 2.15 lakh crore, over the previous year.