Federal Financial institution’s deposits develop 13% in This autumn


Advances on the finish of the fourth quarter stood at Rs 134,876 crore, in contrast with Rs 124,153 crore in the identical interval final yr.

Federal Financial institution’s deposits rose 13% year-on-year (YoY) throughout the fourth quarter of the earlier fiscal, whereas gross advances reported a 9% Y-o-Y development, the financial institution stated in a regulatory submitting.

The lender stated on the finish of March 2021 quarter, whole deposits stood at Rs 172,655 crore, in opposition to Rs 152,290 crore within the year-ago interval.

Advances on the finish of the fourth quarter stood at Rs 134,876 crore, in contrast with Rs 124,153 crore in the identical interval final yr.

CASA is seen at Rs 58,381 crore throughout This autumn, an y-o-y improve of 26%. The CASA ratio is reported at 33.81%.

The liquidity protection ratio was at 206.91% for the March quarter, in comparison with 196.65% within the year-ago interval and 248.86% for the third quarter of the fiscal.

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