Federal Bank (Update): Journey to the top tier. Maintain BUY
Federal Bank (FB) hosted an analyst day to showcase its growing capabilities and a larger roadmap in its medium-term journey to emerge as a top...
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Axis Top Picks - March 2023
Axis Top picks basket delivered a positive return of 0.7%, outperforming the Nifty 50 index which declined by 1.7% over the same period (since 1st...
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Federal Bank Ltd. - Well Poised for Growth, Reiterate BUY!
The bank’s focus remains on ‘3N’s – (a) Maintaining Net NPAs within guided levels, (b) Focusing on Net Promoter Score, and (c) Doubling Networth...
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Federal Bank - Closing in on True Franchise Potential
FB benefitted from a timing difference in asset/deposit repricing, offsetting higher employee opex (provision for wage revision) and higher...
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Federal Bank - Stellar Quarter; RoA Expansion on Track!
Asset Quality continues to improve – Asset quality trends continue to remain encouraging aided by lower slippages and strong recoveries.
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