Federal Bank Limited is a private sector bank in India headquartered in Aluva, Kerala. It was established in 1931 and is licensed under the Banking Regulation Act of India. The bank operates in four segments: Treasury Operations, Wholesale Banking, Retail Banking, and Other Banking Operations.
- Federal Bank Limited reported Total Income for Q4 FY23 of ₹5,780.68 Crore up from ₹4,170.55 Crore year on year, a growth of 38.6%.
- Total Expenses for Q4 FY23 of ₹4,386.69 Crore up from ₹3,308.79 Crore year on year, a growth of 32.6%.
- Consolidated Net Profit of ₹953.91 Crore, up 62.3% from ₹587.54 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹4.45, from ₹2.77 in the same quarter of the previous year.