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
An insight into two wheeler insurance
Factors affecting car insurance premium
Guide to get a an auto insurance claim...
A general guide to Auto Insurance
Must have add-ons for luxury car insurance


IS your loans are getting rejested due to cibil?
iwant to check my account balancea/c no-131010040403...
i want to check my IDBI account transaction details...
What is the entry age for senior citizen health...
1 year staement
I WANT TO OPEN NET BANKING ONLINE IN SYNDICATE BANK...

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