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Federal Bank reported robust Q2 FY26 performance. Net Profit climbed 11% QoQ to ₹955 Cr. Both Net Interest Income (₹2,495 Cr) and Fee Income (₹886 Cr) hit record highs, up 7% and 13% QoQ respectively. Asset quality improved significantly, with Gross NPA at a decadal best of 1.83% and Net NPA stable at 0.48%. Deposits grew 7% YoY to ₹288,920 Cr, while advances rose 4% YoY to ₹255,613 Cr, driven by strong CASA & NRE growth.
Strategically, the bank is rebalancing its asset book towards higher-yielding segments like CV/CE (+28% YoY) & Credit Cards (+19% YoY). Recent tech boosts include 'Banking Connect' and biometric UPI authentication launched at the Global FinTech Festival, pushing digital transactions to over 93%. Management emphasizes continued focus on profitable growth, strong asset quality, and digital innovation to enhance efficiency and customer experience. #FederalBank #Q2FY26 #FinancialResults