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Federal Bank reports total deposits of Rs 169393 crore in first quarter of FY22

07 Jul 2021 Evaluate

Federal Bank has reported total deposits of Rs 169393 crore (provisional) for the quarter ending June 2021 (Q1FY22) rising by 9% as compared to Rs 154938 crore in June 30, 2020. The bank's gross advances were at Rs 132770 crore (provisional) in the quarter under review increasing by 8% YoY.

CASA is seen at Rs 58,959 crore during the first quarter, an Year on Year (y-o-y) increase of 19%. The CASA ratio is reported at 34.81% in Q1FY22. The lender’s liquidity coverage ratio is reported at 215.20% for the June quarter and 211.74% for the preceding quarter.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

Peers
Company Name CMP
HDFC Bank 692.60
ICICI Bank 1354.00
Axis Bank 1247.00
Kotak Mahindra Bank 438.70
Indusind Bank 865.40
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