Federal Bank Ltd.

NSE: FEDERALBNK | BSE: 500469 | ISIN: INE171A01029 | Industry: Banks
| Mid-range Performer

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Federal Bank Ltd.
17 Oct 2017
213.02
2.27%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research GNPA accretion moderated at | 284 crore in Q2FY18, led by a decline in slippage in corporate book (| 20 crore vs. | 169 crore QoQ). Absolute GNPA increased to | 1949 crore while GNPA ratio improved 3 bps QoQ at 2.39%. Standard restructured book (including SDR, S4A & 5/25) was at | 1343 crore (~1.7% of loans) Exposure to IBC related accounts was at ~| 22 crore. Provision on the same was adequate as per regulatory requirement...
Federal Bank Ltd. has gained 10.73% in the last 1 Week
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