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Federal Bank opens one new branch at Kuravankonam

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 685.00
ICICI Bank 1385.70
Axis Bank 1226.10
Kotak Mahindra Bank 457.00
Indusind Bank 868.40
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