Federal Bank adds 18 Branches, 47 ATMs during third quarter

18 Jan 2014 Evaluate

Federal Bank, Kerala based private sector bank, has added 18 branches and 47 Automated Teller Machines (ATMs) during the third quarter ended December 31, 2013. The total network now stands at 1142 branches and 1312 ATMs.

Federal Bank has reported 9.18% rise in its net profit at Rs 230.13 crore for third quarter ended December 31, 2013 as compared to Rs 210.78 crore for the same quarter in the previous year. Total income of the bank has increased by 9.86% at Rs 1895.92 crore for quarter under review as compared to Rs 1725.62 crore for the quarter ended December 31, 2012.

Federal Bank Share Price

196.90 2.85 (1.47%)
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