REG - Federal Bank Ltd The - Annual Financial Report
SDF-24/ /2018-19 15th May 2018
To,
The London Stock Exchange
Dear Sir,
We enclose herewith the Annual Audited Financial Results of the Bank for the period ended March 31, 2018 which was approved at the Bank's Board of Directors meeting held on 09th May 2018.
Kindly take the same on your record.
For The Federal Bank Limited
Girish Kumar G
COMPANY SECRETARY
B S R & Co. LLP
M.M. Nissim & Co.
Chartered Accountants
Chartered Accountants
5th Floor, Lodha Excelus
Barodawala Mansion, B-Wing
Apollo Mills Compound
3rd Floor, 81
N.M. Joshi Marg, Mahalaxmi
Dr. Annie Besant Road
Mumbai - 400 011
Worli, Mumbai - 400 018
Independent Auditors' Report on the Standalone Financial Results of The Federal Bank Limited pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
To the Board of Directors of
The Federal Bank Limited
1. We have audited the accompanying annual standalone financial results of The Federal Bank Limited ('the Bank') for the year ended 31 March 2018 (the 'Financial Results'), attached herewith, being submitted by the Bank pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Listing Regulations'). The disclosures relating to "Pillar 3 under Basel III Capital Regulations" and those relating to "Leverage Ratio", "Liquidity Coverage Ratio" under Capital Adequacy and Liquidity Standards issued by Reserve Bank of India ('RBI') as have been disclosed on the Bank's website and in respect of which a link has been provided in the financial results and have not been audited by us. Attention is drawn to the fact that the figures for the quarter ended 31 March 2018 and the corresponding quarter ended in the previous year as reported in these financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the end of the third quarter of the relevant financial year. Also the figures up to the end of the third quarter have only been reviewed and not subjected to audit.
2. These financial results have been prepared on the basis of the annual standalone financial statements and reviewed quarterly financial results up to the end of the third quarter which are the responsibility of the Bank's Management and approved by the Board of Directors in their meeting held on
09 May 2018. Our responsibility is to express an opinion on these Financial Results based on our audit of the annual standalone financial statements, which have been prepared in accordance with the recognition and measurement principles prescribed under Section 133 of the Companies
Act, 2013 read with the relevant rules issued thereunder, provisions of Section 29 of the Banking Regulation Act, 1949, circulars, guidelines and directions issued by RBI from time to time and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations.
3. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the standalone financial results are free of material misstatements. An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by the management. We believe that our audit provides a reasonable basis for our opinion.
Independent Auditors' Report (continued)
The Federal Bank Limited
4. In our opinion and to the best of our information and according to the explanations given to us, these financial results:
i) have been presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
ii) give a true and fair view of the net profit and other financial information for the year ended 31 March 2018.
5. Without modifying our opinion, we draw attention to Note No. 10 regarding deferment of additional provision requirement on account of the enhancement in gratuity limits as per the amendment dated 29 March 2018 in Payment of Gratuity Act, 1972 in terms of RBI approval vide letter no. DBR.BP.9730/21.04.018/2017-18 dated 27 April 2018, and the unamortized balance as at 31 March 2018 of Rs 5,358 lakhs.
6. The standalone financial results incorporate the relevant returns of 40 Branches and Treasury Branch audited by either of us and audited returns in respect of 1,234 branches audited by other branch auditors. The Branches audited by us cover 43.56% of the advances portfolio (excluding outstanding of asset recovery branches and food credit advance) of the Bank and 36.45% of non-performing advances of the Bank.
For B S R & Co. LLP
For M.M. Nissim & Co.
Chartered Accountants
Chartered Accountants
Firm's Registration No: 101248W / W-100022
Firm's Registration No: 107122W
Akeel Master
Sanjay Khemani
Partner
Partner
Membership No: 046768
Membership No: 044577
Mumbai
Mumbai
09 May 2018
09 May 2018
Independent Auditors' Report on the Consolidated Financial Results of
The Federal Bank Limited pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
To the Board of Directors of
The Federal Bank Limited
7. We have audited the accompanying annual consolidated financial results of The Federal Bank Limited ('the Bank'), its subsidiary and associate for the year ended 31 March 2018
(the Bank, its subsidiary and its associate together referred to as 'the Group'), attached herewith, being submitted by the Bank pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Listing Regulations'). The disclosures relating to "Pillar 3 under Basel III Capital Regulations", and those relating to "Leverage Ratio", "Liquidity Coverage Ratio" under Capital Adequacy and Liquidity Standards issued by Reserve Bank of India ('RBI') as have been disclosed on the Bank's website and in respect of which a link has been provided in the aforesaid financial results have not been audited by us.
8. These financial results have been prepared on the basis of the annual consolidated financial statements which are the responsibility of the Bank's Management and approved by the Board of Directors in their meeting held on 09 May 2018. Our responsibility is to express an opinion on these Financial Results based on our audit of the annual consolidated financial statements, which have been prepared in accordance with the recognition and measurement principles prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder, provisions of Section 29 of the Banking Regulation Act, 1949, circulars, guidelines and directions issued by RBI from time to time and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations.
9. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial results are free of material misstatements. An audit includes examining, on a test basis, evidence supporting the amounts disclosed as Financial Results. An audit also includes assessing the accounting principles used and significant estimates made by the management. We believe that our audit provides a reasonable basis for our opinion.
Independent Auditors' Report (Continued)
The Federal Bank Limited
10. (a) The consolidated financial results incorporate the relevant returns of 40 Branches and Treasury Branch audited by either of us and audited returns in respect of 1,234 branches audited by other branch auditors. The Branches audited by us cover 43.56% of the advances portfolio (excluding outstanding of asset recovery branches and food credit advance) of the Bank and 36.45% of non-performing advances of the Bank.
(b) We did not audit the financial statements of the subsidiary included in the consolidated annual financial results, whose annual financial statements reflect total assets of Rs. 147,968 lakhs as at 31 March 2018 as well as the total revenue of Rs. 19,766 lakhs for the year ended 31 March 2018. The consolidated financial results also include the Group's share of net profit of
Rs. 2,579 lakhs for the year ended 31 March 2018, in respect of an associate. These annual financial statements have been audited by other auditors whose reports have been furnished to us, and our opinion on the annual consolidated financial results, in so far as it relates to the amounts and disclosures included in respect of the subsidiary and associate, is based solely on the report of the other auditors.
(c) The auditors of IDBI-Federal Life Insurance Company Limited ('the associate') have reported, 'The actuarial valuation of the liabilities for life policies in force and for discontinued policies where liability exists is the responsibility of the Company's Appointed Actuary (''the appointed Actuary''). The actuarial valuation of these liabilities as at March 31, 2018 has been duly certified by the Appointed Actuary and in his opinion, the assumption for such valuation are in accordance with guidelines and norms issued by the Insurance Regulatory and Development Authority of India and the Actuarial Society of India in concurrence with the Authority. We have relied upon on the Appointed Actuary's certificate in this regard for forming our opinion on the financial statements of the Company'.
Our opinion on the consolidated financial results is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors.
11. Without modifying our opinion, we draw attention to Note No. 10 regarding deferment of additional provision requirement on account of the enhancement in gratuity limits as per the amendment dated 29 March 2018 in Payment of Gratuity Act, 1972 in terms of RBI approval vide letter no. DBR.BP.9730/21.04.018/2017-18 dated 27 April 2018, and the unamortized balance as at
31 March 2018 of Rs 5,358 lakhs.
12. In our opinion and to the best of our information and according to the explanations given to us and based on consideration of reports of other auditors on separate financial statements and on other information of the subsidiary and associate as aforesaid, these consolidated annual financial results:
iii) include the annual financial results of Fedbank Financial Services Limited ('the subsidiary') and proportionate share of IDBI-Federal Life Insurance Company Limited ('the associate').
iv) have been presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
v) give a true and fair view of the consolidated net profit and other financial information of the Group for the year ended 31 March 2018 in accordance with the framework as explained in paragraph 2 above.
For B S R & Co. LLP
For M.M. Nissim & Co.
Chartered Accountants
Chartered Accountants
Firm's Registration No: 101248W / W-100022
Firm's Registration No: 107122W
Akeel Master
Sanjay Khemani
Partner
Partner
Membership No: 046768
Membership No: 044577
Mumbai
Mumbai
09 May 2018
09 May 2018
THE FEDERAL BANK LIMITED
REGD.OFFICE: P.B.NO. 103, FEDERAL TOWERS, ALUVA-683101
(CIN: L65191KL1931PLC000368)
AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2018
(` in Lakhs)
Particulars
Quarter ended
Year ended
Consolidated figures for the year ended
31.03.2018
31.12.2017
31.03.2017
31.03.2018
31.03.2017
31.03.2018
31.03.2017
Audited
(Refer Note 13 below)Unaudited
Audited
(Refer Note 13 below)Audited
Audited
Audited
Audited
1. Interest earned (a)+(b)+(c)+(d)
254,797
250,120
231,595
975,286
867,739
991,490
878,327
(a)
Interest/discount on advances/bills
195,106
194,097
173,644
753,878
654,568
770,098
665,610
(b)
Income on investments
51,695
48,220
48,382
191,744
180,140
191,727
179,686
(c)
Interest on balances with Reserve Bank of India and other inter bank funds
1,840
2,788
3,598
9,581
9,893
9,582
9,893
(d)
Others
6,156
5,015
5,971
20,083
23,138
20,083
23,138
2. Other income
31,417
22,863
28,211
115,912
108,181
116,022
108,377
3. TOTAL INCOME (1+2)
286,214
272,983
259,806
1,091,198
975,920
1,107,512
986,704
4. Interest expended
161,475
155,120
147,356
617,005
562,475
622,642
565,258
5. Operating expenses (i)+(ii)
65,882
61,723
57,529
245,090
220,954
250,474
225,250
(i)
Employees cost
33,081
30,047
26,303
124,247
116,375
127,682
118,934
(ii)
Other operating expenses
32,801
31,676
31,226
120,843
104,579
122,792
106,316
6. TOTAL EXPENDITURE (4+5)
(excluding provisions and contingencies)227,357
216,843
204,885
862,095
783,429
873,116
790,508
7. OPERATING PROFIT (3-6)
(Profit before provisions and contingencies)58,857
56,140
54,921
229,103
192,491
234,396
196,196
8. Provisions (other than tax) and contingencies
37,153
16,243
12,270
94,717
61,841
95,076
61,999
9. Exceptional items
-
-
-
-
-
-
-
10. Profit from Ordinary Activities before tax
(7-8-9)21,704
39,897
42,651
134,386
130,650
139,320
134,197
11. Tax expense
7,205
13,896
16,992
46,501
47,571
48,355
48,866
12. Net Profit from Ordinary Activities after tax (10-11)
14,499
26,001
25,659
87,885
83,079
90,965
85,331
13. Extraordinary items (net of tax expense)
-
-
-
-
-
-
-
14. Net Profit for the period (12-13)
14,499
26,001
25,659
87,885
83,079
90,965
85,331
15. Share in Profit/(Loss) of Associate
2,579
1,355
16. Consolidated Net Profit of the group (14+15)
93,544
86,686
17. Paid-up Equity Share Capital
(Face value ` 2/- per Equity Share)39,443
39,327
34,481
39,443
34,481
39,443
34,481
18. Reserves excluding Revaluation Reserve
1,181,080
859,256
1,187,480
860,155
19. Analytical Ratios
(i)
Percentage of shares held by Government of India
NIL
NIL
NIL
NIL
NIL
NIL
NIL
(ii)
Capital Adequacy ratio (%)
Under Basel III
14.70
14.41
12.39
14.70
12.39
-
-
(iii)
Earnings per Share (EPS) (in `)
(a) Basic EPS (before and after extra ordinary items)
0.74*
1.33*
1.49*
4.62
4.83
4.92
5.04
(b) Diluted EPS (before and after extra ordinary items)
0.73*
1.31*
1.46*
4.56
4.76
4.86
4.96
(iv)
NPA Ratios
a) Gross NPA
279,562
216,119
172,705
279,562
172,705
b) Net NPA
155,196
115,668
94,120
155,196
94,120
c) % of Gross NPA
3.00
2.52
2.33
3.00
2.33
d) % of Net NPA
1.69
1.36
1.28
1.69
1.28
(v)
Return on Assets (%)
0.11 *
0.22 *
0.24 *
0.75
0.84
* Not Annualised
Segment Information@
(` in Lakhs)
Particulars
Quarter ended
Year ended
Consolidated figures for the year ended
31.03.2018
31.12.2017
31.03.2017
31.03.2018
31.03.2017
31.03.2018
31.03.2017
Audited
(Refer Note 13 below)Unaudited
Audited
(Refer Note 13 below)Audited
Audited
Audited
Audited
Segment Revenue:
Treasury
60,888
56,206
59,239
239,556
231,601
239,556
231,601
Corporate/Wholesale Banking
103,194
90,703
85,519
378,695
307,150
378,695
307,150
Retail Banking
116,178
121,639
109,005
454,386
417,952
470,700
428,736
Other Banking operations
5,954
4,435
6,043
18,561
19,217
18,561
19,217
Unallocated
-
-
-
-
-
-
-
Total Revenue
286,214
272,983
259,806
1,091,198
975,920
1,107,512
986,704
Less: Inter Segment Revenue
-
-
-
-
-
-
-
Income from Operations
286,214
272,983
259,806
1,091,198
975,920
1,107,512
986,704
Segment Results (net of provisions):
Treasury
(3,063)
5,071
6,840
25,650
38,816
25,650
38,816
Corporate/Wholesale Banking
(18,875)
495
9,552
(13,797)
8,250
(13,797)
8,250
Retail Banking
41,735
34,744
24,479
120,093
76,938
125,027
80,485
Other Banking operations
2,822
492
2,596
5,251
9,553
5,251
9,553
Unallocated
(915)
(905)
(816)
(2,811)
(2,907)
(2,811)
(2,907)
Profit before tax
21,704
39,897
42,651
134,386
130,650
139,320
134,197
Segment Assets
Treasury
3,510,841
3,241,455
3,165,601
3,510,841
3,165,601
3,510,273
3,162,453
Corporate/Wholesale Banking
5,072,766
4,597,454
3,282,581
5,072,766
3,282,581
5,072,766
3,282,581
Retail Banking
4,539,627
4,309,837
4,436,505
4,539,627
4,436,505
4,630,167
4,490,534
Other Banking operations
533
757
1,854
533
1,854
533
1,854
Unallocated
707,628
672,567
611,152
707,628
611,152
707,628
611,152
Total
13,831,395
12,822,070
11,497,693
13,831,395
11,497,693
13,921,367
11,548,574
Segment Liabilities
Treasury
3,348,514
3,022,847
3,050,206
3,348,514
3,050,206
3,348,514
3,050,206
Corporate/Wholesale Banking
4,849,217
4,410,665
3,184,798
4,849,217
3,184,798
4,849,217
3,184,798
Retail Banking
4,341,585
4,131,632
4,294,476
4,341,585
4,294,476
4,425,157
4,344,458
Other Banking operations
1
1
-
1
-
1
-
Unallocated
71,055
52,815
73,975
71,055
73,975
71,055
73,975
Total
12,610,372
11,617,960
10,603,455
12,610,372
10,603,455
12,693,944
10,653,437
Capital employed:
(Segment Assets - Segment Liabilities)
Treasury
162,327
218,608
115,395
162,327
115,395
161,759
112,247
Corporate/Wholesale Banking
223,549
186,789
97,783
223,549
97,783
223,549
97,783
Retail Banking
198,042
178,205
142,029
198,042
142,029
205,010
146,076
Other Banking operations
532
756
1,854
532
1,854
532
1,854
Unallocated
636,573
619,752
537,177
636,573
537,177
636,573
537,177
Total
1,221,023
1,204,110
894,238
1,221,023
894,238
1,227,423
895,137
@
For the above segment reporting, the reportable segments are identified into Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations in compliance with the RBI guidelines.
Statement of Assets and Liabilities of the bank as on March 31, 2018 is given below:
(` in Lakhs)
Particulars
Standalone
Consolidated
As at 31.03.2018
As at 31.03.2017
As at 31.03.2018
As at 31.03.2017
Audited
Audited
Audited
Audited
CAPITAL AND LIABILITIES
Capital
39,443
34,481
39,443
34,481
Reserves and Surplus
1,181,580
859,757
1,187,980
860,656
Deposits
11,199,249
9,766,456
11,197,010
9,766,208
Borrowings
1,153,350
589,732
1,232,884
634,549
Other Liabilities and Provisions
257,773
247,267
264,050
252,680
Total
13,831,395
11,497,693
13,921,367
11,548,574
ASSETS
Cash and Balances with Reserve Bank of India
513,276
457,657
513,678
457,827
Balance with Banks and Money at Call and Short Notice
407,065
287,560
405,843
287,637
Investments
3,078,107
2,819,609
3,059,468
2,791,226
Advances
9,195,747
7,333,627
9,301,089
7,408,623
Fixed Assets
45,737
48,947
46,135
49,235
Other Assets
591,463
550,293
595,154
554,026
Total
13,831,395
11,497,693
13,921,367
11,548,574
Notes:
1
The above Financial Results for the quarter and year ended March 31, 2018 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 09, 2018. The Results for the year ended March 31, 2018 have been subjected to "Audit" by the Statutory Central Auditors of the Bank and an unqualified report has been issued by them.
2
The Bank has made provision for Non Performing Assets as stipulated under Reserve Bank of India (RBI) norms. Further, provision for standard assets including requirements for exposures to entities with Unhedged Foreign Currency Exposures and provision for restructured advances have been made as per RBI guidelines.
3
The bank has consistently applied its significant accounting policies in the preparation of the quarterly financial results and its annual financial statements during the years ended March 31, 2018 and March 31, 2017.
4
In accordance with RBI Circular DBR.No.BP.BC.1/21.06.201/2015-16 on Basel III Capital Regulations dated July 01, 2015 and RBI Circular DBR.No.BP.BC.80/21.06.201/2014-15 dated March 31, 2015 - 'Prudential Guidelines on Capital Adequacy and Liquidity Standards - amendments', Banks are required to make Pillar 3 disclosure requirements including Leverage Ratio disclosure requirements that are to be made along with the publication of Financial Results. Accordingly, such applicable disclosures have been placed on the website of the Bank which can be accessed at the following link: http://www.federalbank.co.in/regulatory-disclosures. These disclosures have not been subjected to audit or review by the Statutory Central Auditors of the Bank.
5
The Business operations of the Bank are largely concentrated in India and for the purpose of Segmental reporting, the bank is considered to operate only in domestic segment, though the bank has its operations in International Finance Service Centre (IFSC) Banking Unit in Gujarat International Finance Tec-city (GIFT). The business conducted from the same is considered as a part of Indian operations.
6
Other income includes fees earned from providing services to customers, commission from non-fund based banking activities, earnings from foreign exchange and derivative transactions, selling of third party products, profit on sale of investments (net), recoveries from advances written off etc.
7
During the quarter ended June 30, 2017 , the Bank had issued 21,55,17,241 equity shares of ` 2 each for cash pursuant to a Qualified Institution Placement (QIP) as per the relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations at ` 116.00 per share aggregating to ` 250,000 Lakhs (including share premium). This resulted in an increase of ` 4,310.35 Lakhs in Share Capital and ` 242,077.64 Lakhs (net of issue expenses) in Share premium account.
8
During the quarter and year ended March 31, 2018, the Bank has allotted 57,83,464 and 3,25,77,034 equity shares of ` 2 each respectively, pursuant to the exercise of stock options by employees.
9
RBI circular DBR.No.BP.BC.102/21.04.048/2017-18 dated April 2, 2018 grants banks an option to spread provisioning for mark to market losses on investments held in AFS and HFT for the quarters ended December 31, 2017 and March 31, 2018. The circular states that the provisioning for each of these quarters may be spread equally over up to four quarters, commencing with the quarter in which the loss was incurred. The Bank has recognised the entire mark to market loss on investments in the respective quarters and has not availed the said option.
10
Ministry of Labour and Employment, Government of India on March 29, 2018 has enhanced the gratuity ceiling to an employee under Payment of Gratuity Act, 1972 to ` 20 Lakhs from earlier limit of ` 10 lakhs. This change has resulted to an incremental gratuity liability amounting to ` 7,143.90 lakhs. As per the RBI circular DBR.BP.9730/21.04.018/2017-18 dated April 27, 2018 the bank has an option to spread the impact of change in gratuity ceiling over four quarters beginning with the quarter ended March 31, 2018. The bank has availed the option to spread the incremental gratuity expenditure over four quarters beginning with the quarter ended March 31, 2018. Accordingly, during the quarter and year ended March 31, 2018 the bank has charged to the profit and loss account an amount of ` 1,785.97 Lakhs and the unamortised gratuity expenditure as on March 31, 2018 is ₹ 5,357.93 Lakhs.
11
The Board of Directors have recommended a dividend of 50% i.e. ` 1.00/- per Equity Share on face value of ` 2/- each for the year 2017-18 (Previous Year 45% i.e ` 0.90/- per Equity Share) subject to the approval of the members at the ensuing Annual General Meeting. In terms of revised Accounting Standard (AS) 4 "Contingencies and Events occuring after the Balance sheet date" as notified by the Ministry of Corporate affairs through amendments to Companies (Accounting Standards) Amendment Rules, 2016, the Bank has not appropriated proposed dividend (including tax) aggregating to ` 23,774.86 Lakhs from the statement of Profit and loss account for the year ended March 31, 2018. However the effect of the proposed dividend has been reckoned in determining capital funds in the computation of Capital adequacy ratio as on March 31, 2018.
12
Pursuant to Board approved policy on preparation of segment information, the Bank, with effect from quarter ended September 30, 2017, has revised the basis of preparation of segment information related to the allocation of RIDF deposits from Treasury segment to Corporate/Wholesale Banking and Retail Banking segments and allocation of provision related to advances on a direct identification basis for more appropriate presentation of the segment results. Figures for the previous periods have been regrouped / reclassified to conform to current period's classification. The impact of above regrouping / reclassification on segment results for the quarter and year ended March 31, 2017, is summarized in the table below:
(` in Lakhs)
(Decrease) / Increase
Standalone
Consolidated
Quarter ended
Year ended
Year ended
31.03.2017
31.03.2017
31.03.2017
Treasury
(116)
(698)
(698)
Corporate/Wholesale Banking
(2,492)
(11,391)
(11,391)
Retail Banking
1,268
8,139
8,139
Other Banking operations
1,340
3,950
3,950
Unallocated
-
-
-
The above regrouping / reclassification has no impact on the overall profit of the bank for the quarter and year ended March 31, 2018 or the previous periods/year.
13
The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the end of third quarter of the respective financial year.
14
Previous period's / year's figures have been regrouped / reclassified, where necessary to conform to current period's classification.
SHYAM SRINIVASAN
Mumbai
MANAGING DIRECTOR & CEO
May 09, 2018
(DIN: 02274773)
This information is provided by RNSThe company news service from the London Stock ExchangeENDFR LLFLVESIELIT
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AnnouncementREG - Federal Bank Ltd The - Unaudited Financial Results - 30.09.2023
AnnouncementREG - Federal Bank Ltd The - Annual Financial Report
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