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Federal Bank net profit falls 15% as credit cost increases

The New Indian Express Kottayam

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August 03, 2025

THE Kochi-based private sector lender Federal Bank has reported a 14.7% year-on-year dip in its net income at ₹861.75 crore in the June quarter, down from ₹1,010 crore a year ago, driven down by rising credit cost in the microfinance and agri books.

- BENN KOCHUVEEDAN@Mumbai

Sequentially, the numbers are worse with net falling by 16.31%.

The New Indian Express Kottayam'den DAHA FAZLA HİKAYE

The New Indian Express Kottayam

Zubeen Garg of 'Ya Ali' fame dies in Singapore scuba diving accident

NORTHEAST'S OWN

time to read

1 mins

September 20, 2025

The New Indian Express Kottayam

PRICE WAR HEATS UP

MAHINDRA JOINS MARUTI IN PRICE CUTS AFTER GST RATIONALISATION, ADDS BENEFITS TOTALLING ₹2.56 LAKH

time to read

1 mins

September 20, 2025

The New Indian Express Kottayam

The New Indian Express Kottayam

Kochi chosen for Messi’s November date

THE suspense is finally over.

time to read

1 min

September 20, 2025

The New Indian Express Kottayam

Khalistan-point figures in India, Canada high-level dialogue

IN a key step towards mending diplomatic ties, National Security Adviser Ajit Doval held bilateral security consultations with his Canadian counterpart Nathalie Drouin in New Delhi on Thursday.

time to read

1 min

September 20, 2025

The New Indian Express Kottayam

Zubeen Garg of ‘Ya Ali’ fame dies in Singapore scuba diving accident

Zubeen Garg, the 52-year-old cultural icon of Assam and a heartthrob of the younger generation, passed away on Friday in Singapore, leaving behind a rich legacy.

time to read

1 min

September 20, 2025

The New Indian Express Kottayam

Ayyappa meet: Bigwigs likely to stay away

THE much-anticipated Global Ayyappa Sangamam, being organised as a mega event to make Sabarimala a global pilgrim destination, is unlikely to have many prominent national-international dignitaries turning up.

time to read

1 min

September 20, 2025

The New Indian Express Kottayam

Corp tax mop-up rises, individual collections drop

Higher income tax exemption limit brings down personal advance tax collections

time to read

1 mins

September 20, 2025

The New Indian Express Kottayam

Infopark eyes IPO, lines up ambitious plans

INFOPARK is making its way into the big leagues. In an ambitious move, the IT park is eyeing an initial public offering (IPO) that will help raise funds for its growth, besides ensuring greater visibility.

time to read

1 min

September 19, 2025

The New Indian Express Kottayam

The New Indian Express Kottayam

‘PAZHAMPORI’ TO GET CHEAPER WITH GST CUT

FINALLY, banana fritters—the humble ‘pazhampori’—are likely to get cheaper by 10% across bakeries in the state, following the nationwide GST tax ration-alisation that has reduced the number of slabs to just two.

time to read

1 min

September 19, 2025

The New Indian Express Kottayam

Fresh Rahul-CEC sparring on ‘vote theft’ in Karnataka

IN yet another exposé on 'vote theft', Congress leader Rahul Gandhi on Thursday claimed large-scale irregularities in Karnataka's Aland constituency, accusing Chief Election Commissioner (CEC) Gyanesh Kumar of 'protecting those murdering democracy'.

time to read

1 mins

September 19, 2025

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