Federal Bank Reports Sept-Quarter Net Profit of 13.86 Billion Rupees

Federal Bank reported its second quarter earnings on Friday, October 16.Its net interest income (NII) increased to 26.4% in the second quarter to ₹3,153.4 crore compared to ₹2,495.2 crore in the previous year.Its net profit was up 45.% at ₹1,386 crore from ₹955 in the second quarter last year.The l…