Federal Bank has reported result for the quarter ended December 31, 2014
The bank’s net profit for the quarter ended December 31, 2014, rose by 15.01% at Rs 264.69 crore as compared to Rs 230.13 crore for the quarter ended December 31, 2013. The bank’s total Income has increased by 10.24% to Rs 2090.01 crore for the quarter under review from Rs 1895.92 crore for the corresponding quarter of the previous year.
Federal bank has been at the forefront in offering value added services through online platform. This new initiative is aimed at improving digital banking experience for the Bank’s customers.
