Federal Bank Q1 Update; stock jumps 4% 



Total deposits reached Rs 2,66,082 crore, with a growth of 20% over Rs 2,22,496 crore as of June 30, 2023.

The Bank’s Customer deposits (Total deposits excl Interbank deposits and certificates of deposit) aggregated to Rs 2,51,991 crore, a growth of 20% over Rs 2,10,422 crore as of June 30, 2023.

The Bank’s gross advances grew by 20% to Rs 2,24,139 crore from Rs 1,86,593 crore as of June 30, 2023.


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