The Federal Bank Ltd has reported a rise of 50% in net
The Federal Bank Ltd has reported a net profit of Rs 150.5 m for the nine month period ending December. Inspite of a fall in other income, and a 14% increase in operating expenses profit growth was at 50% mainly due to lower interest expenses.
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Capital First announced its results for the third quarter and first nine months of the financial year 2014-15 (9mFY15). The institution grew its income from operations by 34.4% YoY and the profits by 240% YoY during 9mFY15
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