Federal Bank Ltd‘s Total Income for Q2 FY23 has increased by 20% YoY to ₹4,630 crores. Profits rose by 53% YoY to ₹ 704 crores. Total Expenditure grew by 16% YoY for Q2 FY 2023.
Return on Average Assets grew to 1.21. In this quarter’s results, it is evident that the bank has successfully gained market share and has seen growth across multiple parameters.
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