BusinessFederal Financial institution sees its highest-ever revenue of Rs 954 crore

Federal Financial institution sees its highest-ever revenue of Rs 954 crore



MUMBAI: Federal Financial institution has reported its highest-ever quarterly internet revenue of Rs 954 crore for the September quarter, a rise of 36% over Rs 703 crore within the year-ago interval. The rise in internet revenue adopted a 20% year-on-year improve in loans to Rs 1.9 lakh crore and a 23% development in deposits to Rs 2.3 lakh crore. Gross NPAs of the financial institution as on the finish of Q2FY23 stood at Rs 4,436 crore – 2.3% of gross advances.





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