MoneyWorks4Me

The Federal Bank informs about disclosure

03 Jan 2023 Evaluate

In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, The Federal Bank has informed that the following: Total deposits crossed ? 2,00,000 Cr milestone, reaching ? 2,01,425 Crore, with a growth of 14.8% over ? 1,75,432 Crore as of December 31, 2021, The Bank’s Customer deposits (Total deposits excl Interbank deposits and certificates of deposit) aggregated to ? 1,92,451 Crore, a growth of 12.8% over ? 1,70,654 Crore as of December 31, 2021 and The Bank’s gross advances grew by 19.1% to ? 1,71,043 Crore from ? 1,43,638 Crore as of December 31,2021. As per internal classification, Retail credit book grew by 19.1% and wholesale credit book grew by 19.0%. Retail to wholesale ratio at 54:46. The above information is subject to limited review by the statutory auditors of the Bank.
The above information is a part of company’s filings submitted to BSE.

 


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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