Federal Bank gross advances up by 9% at Rs 1.35 lakh crore by March 2021, deposits up 13%

›Federal Bank gross advances up by 9% at Rs 1.35 lakh crore by March 2021, deposits up 13%
Federal Bank gross advances up by 9% at Rs 1.35 lakh crore by March 2021, deposits up 13%
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Federal Bank gross advances up by 9% at Rs 1.35 lakh crore by March 2021, deposits up 13%PTI
Last Updated: Apr 05, 2021, 03:12 PM IST
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Synopsis
The CASA (current account and savings account) deposits of the south-based lender witnessed a 26 per cent growth year on year at Rs 58,381 crore as of March 31, 2021, as against Rs 46,450 crore a year ago.
Private sector lender
Federal Bank on Monday reported a 9 per cent increase in its gross advances to nearly Rs 1.35 lakh crore (Rs 1,34,876 crore) by the end of March 31, 2021.

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