Federal Bank reported stable asset quality with GNPA at 3.50% vs 3.41% QoQ (vs 2.96% YoY) and NNPA at 1.2 vs 1.2% QoQ (1.2% YoY) led by recovery from kingfisher account and higher write off. Covid Specific Restructuring assets saw uptick at Rs8.5bn in Q1FY22 by retail and gold loans (Rs6.5bn) and expects Rs4bn in Q2FY22; overall it stands at 1.8% vs 1% earlier. Stressed book % of assets which was declining for last 3 years spiked to 2.24% vs 1.76% QoQ. Due to Second covid wave, Credit growth slowdown to 7% YoY vs 9% YoY (FY21); Deposits growth stood at 9% YoY vs 13% YoY (FY21). Net interest income growth slowdown to 9% YoY (17% YoY growth Q4FY21) led by declined in NIMs. Operating profit grew by 22% YoY driven by lower cost...