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At the end of the March 2021, the private lender's customer deposits were at Rs 163,620 crore (up 12% YoY), interbank deposits were at Rs 3,050 crore (up 39% YoY) and certificates of deposit stood at Rs 5,985 crore (up 35% YoY).
CASA rose 26% to Rs 58381 crore as of 31 March 2021 from Rs 46450 crore registered in 31 March 2020. CASA ratio improved to 33.81% at the end of 31 March 2021 from 30.5% recorded on 31 March 2020.
Federal Bank's gross advanced grew by 9% to Rs 134,876 crore as of 31 March 2021 from Rs 124,153 crore posted on 31 March 2020. The bank's liquidity coverage ratio was at 206.91% as on 31 March 2021, improving from 196.65% posted on 31 March 2020.
Shares of Federal Bank were down 2.73% at Rs 76.70 on BSE.
Federal Bank operates through four segments: treasury, corporate or wholesale banking, retail banking and other banking operations. The private lender reported 8.29% decline in net profit to Rs 404.10 crore on 5.43% rise in total income to Rs 3,941.36 crore in Q3 FY21 over Q3 FY20.
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