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Federal Bank says 35% book under moratorium, less than 2% of it stressed

Updated : May 29, 2020 11:43 AM IST

Private sector lender Federal Bank on Thursday said that 35 percent of its total book by value is under moratorium as of May 25.
In absolute terms, this comes to Rs 43,067 crore out of its total book of Rs 1,24,153 crore.
The bank also disclosed that Rs 840 crore of the total loans under moratorium are currently stressed, with over dues of up to 90 days.

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