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MUMBAI: A sharp increase in provisions pulled down quarterly profit at Federal Bank, India’s sixth-largest private lender, even as asset quality and core earnings improved. Net profit declined 14.6% to Rs 861.8 crore in the quarter ended June 30, 2025, from Rs 1,009.5 crore a year earlier.The fall in profit was driven by a 177.4% surge in provisions and contingencies, …
Read More »Federal Bank net profit dips 14.6% to Rs 861 crore on MFI provisions – Times of India
