Federal Bank has delivered a healthy performance on all major metrics in 1QFY19 led by, (a) healthy NII growth (+22.5% YoY +5% QoQ); (b) strong growth in loan book to Rs943bn (+23.6% YoY and 2.5% QoQ); (c) QoQ improvement in C/I ratio to 51.8% vs. 52.8% in 4QFY18; (d) lower fresh slippages of Rs4.6bn vs. Rs8.7bn in 4QFY18 and (d) highest ever upgrade and recovery of Rs2.5bn vs. Rs2.4bn in 4QFY18 and Rs980mn in 1QFY18. The Bank's overall stress assets book...