Personal sector lender Federal Financial institution on Wednesday reported a 20% development in advances at ₹2,24,139 crore for the primary quarter ended June 30.
Whole advances stood at ₹1,86,593 crore on the finish of the primary quarter of the final monetary yr, Federal Financial institution mentioned in a regulatory submitting.
As per inner classification, retail credit score e-book grew by 25% and wholesale credit score e-book grew by 14%, it mentioned, including, retail-to-wholesale ratio stood at 56:44 respectively.
The financial institution’s deposits additionally rose by 20% year-on-year to ₹2,66,082 crore within the quarter, from ₹2,22,496 crore in the identical interval a yr in the past, it mentioned.
Federal Financial institution’s low-cost deposits-current account and saving deposits (CASA) — declined to 29.28% from 31.85% on the finish of June 30, 2023.
