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Federal Bank Q3 Results Review: IDBI Capital Maintains 'Buy' On The Stock; Lowers Target Price — Here's Why
Federal bank's management guided to balance between reorientation and growth in medium term, adds the brokerage.
29 Jan 2025, 08:40 AM IST 
Federal Bank Ltd. credit growth declined to 15.6% YoY vs 19.5% YoY (Q2 FY25) due to reorientation of strategy towards fixed rate book.
(Photographer: Vijay Sartape/ Source: NDTV Profit)
Federal Bank's reorientation of strategy to move towards fixed rate portfolio could impact credit growth in short term while supporting the margins in rate cut scenario.
