India's Federal Bank set for best day in a year as net interest margin improves

Federal Bank

20/10/2025 06:48

** India's Federal Bank FED.NS jumps 8.1% to lifetime high of 229.49 rupees

** Set for best daily pct gains since October 29, 2024

** Lender's net interest income rises y/y; net interest margin and asset quality improve

** Improvement in margin surprises analysts

** "Expect loan growth to improve on a low base in H2FY26 with stabilising asset quality and improving NIM," say analysts at Nuvama

** About 9.5 million shares change hands, ~1.4x of 30-day avg volume

** Stock rated "buy" on avg by 33 brokerage firms; median PT at 235 rupees, per data compiled by LSEG

** YTD, FED up 14.7%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))