Federal Bank operates through four segments: treasury, corporate or wholesale banking, retail banking and other banking operations. The bank has 1333 branches and 1894 ATMs/recyclers as on 31 December 2022.
The private bank posted a 54.03% jump in standalone net profit to Rs 803.61 crore on a 26.5% increase in total income to Rs 4,967.25 in Q3 FY23 over Q3 FY22.
The scrip declined 1.38% to currently trade at Rs 124.85 on the BSE.
