Federal Bank's CASA deposits stood at Rs 69,739 crore as of 31 March 2023, up 3.9% from Rs 67,121 crore as of 31 March 2022. CASA ratio reduced to 32.68% in Q4 FY23 as compared to 36.94% in Q4 FY22.

The bank's customer deposits (total deposits excluding interbank deposits and certificates of deposit) amounted to Rs 2,01,795 crore as of 31 March 2023, recording a growth of 13.3% over Rs 1,78,101 crore as of 31 March 2022.

Certificate of Deposit zoomed 288.3% to Rs 9,461 crore in Q4 FY23 as against Rs 2,437 crore posted in Q4 FY22. Interbank deposits surged 83% to Rs 2,128 crore as of 31 March 2023 over Rs 1,163 crore recorded in the same period a year ago.

The bank's gross advances jumped 20.2% to Rs 1,77,480 crore from Rs 1,47,639 crore as of 31 March 2022. As per internal classification, retail credit book increased by 18.6% and wholesale credit book grew by 22.2%. Retail to wholesale ratio was at 54:46 respectively.

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.

Shares of Federal Bank added 0.76% to close at Rs 133.25 on Monday, 3 April 2023.