Federal Bank opens one new branch at Kuravankonam

The Federal Bank Ltd. | Bank - Private | BFSI | BSE: 500469 | NSE: FEDERALBNK

30 Mar 2015 Evaluate

Federal Bank, Kerala based private sector bank has reportedly opened a new branch at Kuravankonam in Thiruvananthapuram. With this, the bank’s branch network has grown to 1232.

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.

Peers

Company Name	CMP
HDFC Bank	737.25
ICICI Bank	1325.40
Axis Bank	1220.90
Kotak Mahindra Bank	402.25
Indusind Bank	915.40
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