Federal Bank deposits grew 13% year-over-year (year-on-year) in the fourth quarter of last year, while gross advances grew 9% year-on-year , said the bank in a regulatory file.
The lender said that at the end of the March 2021 quarter, total deposits stood at Rs 172,655 crore, up from Rs 152,290 crore the year before.
Advances at the end of the fourth quarter stood at Rs 134,876 crore, compared to Rs 124,153 crore at the same period last year.
CASA is seen at Rs 58.381 crore during the fourth quarter, a year-over-year increase of 26%. The CASA ratio is reported at 33.81%.
The liquidity coverage ratio was 206.91% for the March quarter, compared to 196.65% for the same period of the previous year and 248.86% for the third quarter of the fiscal year.
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