Federal Bank reports Q2 FY27 net profit surging 45.1% YoY to Rs1,386 Cr on robust NII growth
India, Oct. 16 -- The organization is a private sector bank in India which handles retail and corporate banking, lending, deposits, and other financial services. Performance of the company is based on several issues including growth of lending and deposits, net interest margins, fee based income and quality of assets. Recent performance of the organization is characterized by growth of interest income and operations, asset quality ratios.
The shares of Federal Bank are currently trading at Rs. 335.95, up by 0.40%. The company has a market capitalization of Rs. 83,230.03 crore. The stock's 52 week high is Rs. 371.70 and its 52 week high is Rs. 211.52. In the past 6 months 6 months the stock has delivered a return of 18.34%.
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