Subscribe To Our Free Newsletter |
We had earlier guided that H2 will be better than H1 & we will make sure to deliver on that: Federal Bank CFO
“Federal Bank decided that it is prudent to make sure we have enough deposits to support the growth, which we continue to foresee in the 18 to 20% range. So that is the explanation for the NIM movement, though it may appear to be lesser than what has been expected.”