http://www.thehindubusinessline.com/industry-and-economy/banking/article3717317.ece
Private sector lender Federal Bank reported a 30 per cent growth in its net profit to Rs 190 crore in the April-June period as compared with Rs 146 crore in the year-ago period.
The net interest income (difference between interest earned and interest expended) grew 7 per cent to Rs 492 crore (Rs 460 crore).
Net NPAs declined to 0.62 per cent from 0.74 per cent in Q1FY12. The net interest margins stood at 3.42 per cent. The CASA ratio was at 28.35 per cent.
Total advances increased by 19 per cent to Rs 38,043 crore with gold loans rising by 99 per cent at Rs 4,256 crore, while the total deposits were up by 18 per cent at Rs 50,558 crore.
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