Federal Bank first-quarter profit rises 26 percent, lags estimates
Gross bad loans as a percentage of total loans rose to 2.42 percent at end-June, compared with 2.33 percent at March-end.
Shares in Federal Bank were trading 3.2 percent lower after the results in the BSE Sensex that gained 0.36 percent.($1 = 64.4025 Indian rupees)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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