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Federal Bank shares rally over 7% on better than expected Q1FY21 earnings

Updated : July 16, 2020 10:29 AM IST

Net interest income rose 12.3 percent to Rs 1,296.4 crore from Rs 1,154.2 crore, YoY. NII was higher than estimates of Rs 1,242.6 crore.
Net interest margin was at 3.07 percent as compared to 3.04 percent, QoQ, and 3.15 percent, YoY.

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