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

Jul 17 2019, 10:10 AMJul 17 2019, 11:39 AMJuly 17 2019, 10:10 AMJuly 17 2019, 11:39 AM

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...