Federal Bank has reported unaudited results for the first quarter ended June 30, 2011.
The Bank’s profit for the quarter ended June 30, 2011 has increased by 10.84% at Rs 146.16 crore as compared to Rs 131.86 crore for the corresponding quarter last year. Its total income has grown by 28.25% at Rs 1361.61 crore for the quarter under review from Rs 1061.68 crore for the same quarter last year.
Federal Bank provides a wide range of banking products and services such as saving accounts, deposits, personal loans, ATM services, telebanking services, RTGS, insurance, etc.
