New Delhi: Private sector lender Federal Bank on Tuesday said it has posted an 18 per cent growth in advances to Rs 2.02 lakh crore for the December quarter.
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Total advances stood at Rs 1.71 lakh crore at the end of the third quarter of the last financial year, Federal Bank said in a regulatory filing.
As per internal classification, retail credit books grew 20 per cent and wholesale credit books grew 17 per cent. Retail to wholesale ratio is at 55:45, it said.
The bank's deposits also rose 19 per cent to Rs 2.39 lakh crore during the quarter from Rs 2.01 lakh crore in the year-ago period, it said.
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