Federal Bank Q2 profit jumps 45% to record ₹1,386 crore
Federal Bank reported a record net profit of ₹1,386 crore for Q2FY27, marking a 45% year-on-year increase. This growth was attributed to enhanced asset quality and a significant rise in other income, while the gross non-performing asset ratio dropped to a decade low of 1.32%. The bank's performance indicates strong financial health as it navigates potential agricultural sector challenges.