ICICI Securities Ltd | Retail Equity Research Federal Bank posted strong numbers with PAT above our estimates NII came in at | 842 crore, in line with our estimate. This was mainly led by healthy credit offtake at 24.7% YoY to | 73336 crore. Margins improved 10 bps QoQ to 3.42% partly aided by higher low-cost deposits received during demonetisation Asset quality continues to improve with slippages at | 244 crore lowest in the last seven quarters. GNPA ratio declined to 2.33% from...