Q1 Results: Federal Bank Confident Of Achieving Return On Assets Target By FY21-End
Federal Bank reported its highest return on assets in 20 quarters in the March quarter of FY19 before it marginally slipped to 0.98 percent in Q1 FY20. (Photographer: Dhiraj Singh/Bloomberg)

Q1 Results: Federal Bank Confident Of Achieving Return On Assets Target By FY21-End

Federal Bank Ltd.’s Chief Executive Officer and Managing Director Shyam Srinivasan is confident of achieving the lender’s return on assets target, which is a measure of profitability.Federal Bank’s...
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