NEWS & ADVICE : AUTO INSURANCE
Federal Bank gained a profit of 15%
By Neelima Shankar
Jan 16, 2015
Print    Email    RSS   

For the third quarter ended December 2014, the Federal Bank has reported, increase its net profit. The bank has gained the profit of 15%. With the profit the bank has managed to earn Rs 264.69 crore.

Last year during the same fiscal the net profit of the bank was Rs 230.13 crore and this time it has went up to Rs 264.69 crore. On the other hand the total net income of the bank has also increased. Total income has increased from Rs 1,895.92 crore for the quarter ended December 31, 2013 to Rs 2,090.01 crore. While, the gross NPAs reduced to 2.19 per cent as against 2.83 per cent in the year ago period.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Kinds of auto insurance coverage
Factors affecting car insurance premium
Guide to get a an auto insurance claim...
A general guide to Auto Insurance
All about Vintage/Classic car insurance in...


how i will apply for take axis bank home loan dsa...
35659479233
i Forgot my bank signature , How to know ??
PLEASE SEND THE ACCOUNT HOLDER NAME A/C NO:...
Hello I am looking to renew my car insurance and I...
my loan no

NEWS THIS WEEK
New endowment plan launched by PNB met life Feb 18, 2015
Yes bank bagged High performance award 2014. Feb 13, 2015
Banks may strike at February end Feb 4, 2015
Reliance industries to enter in to banking in association with the SBI Feb 3, 2015
OBC bank reported a drop down in its net profit Jan 30, 2015
News Archive