FEDERALBNK2023-10-012023-12-31 FEDERALBNK2023-10-012023-12-31 FEDERALBNK2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member FEDERALBNK2023-12-31 FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue03Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue04Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue05Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue03Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue04Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue05Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults03Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults04Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults05Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults03Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults04Member FEDERALBNK2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults05Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets03Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets04Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets05Member FEDERALBNK2023-12-31 FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member FEDERALBNK2023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member FEDERALBNK2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities05Member FEDERALBNK2023-12-31in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500469 FEDERALBNK NOTLISTED INE171A01029 The Federal Bank Limited Banking Format Equity 2023-04-01 2024-03-31 2024-01-16 2024-01-08 INR Lakhs Third quarter Multi segment 11:00:00 12:10:00 2024-01-16 2024-01-16 Not applicable 2023-10-01 2023-12-31 Unaudited Standalone 45975700000.00 9502400000.00 792900000.00 1030000000.00 57301000000.00 8625600000.00 65926600000.00 36067400000.00 6931500000.00 8554400000.00 15485900000.00 51553300000.00 14373300000.00 912200000.00 0.00 13461100000.00 3393700000.00 10067400000.00 0.00 10067400000.00 10067400000.00 4866800000.00 2.00 0.00 0.1348 0.00 4.16 4.11 4.16 4.11 46287900000.00 12843700000.00 0.0229 0.0064 0.0035 1. The above Standalone Unaudited Financial Results for the quarter and nine months ended December 31, 2023 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on January 16, 2024. These results have been subjected to limited review by the Joint Statutory Auditors of the Bank and an unqualified review report has been issued. 2. The Bank has consistently applied its significant accounting policies in the preparation of the interim financial results as those followed in the annual financial statements for the year ended March 31, 2023. 3. The financial results have been arrived at after considering provision for standard assets (including requirements for exposures to entities with unhedged foreign currency exposures), provision for Non-Performing Assets (NPAs), provision for non-performing investments, provision for income-tax and other usual and necessary provisions. 4. Other income includes fees earned from providing services to customers, commission from non-fund-based banking activities, earnings from foreign exchange and derivative transactions, selling of third-party products, profit on sale of investments (net), profit / loss on revaluation of investments, dividend received from subsidiaries / associates, recoveries from advances written off, etc. 5. The Capital Adequacy Ratio is computed on the basis of Reserve Bank of India (RBI) guidelines applicable on the relevant reporting dates and the ratio for the corresponding previous period is not adjusted to consider the impact of subsequent changes if any, in the guidelines. 6. During the quarter and nine months ended December 31, 2023, the Bank has allotted 9,109,679 and 14,023,554 equity shares of Rs. 2 each respectively, pursuant to the exercise of stock options by employees. 7. During the quarter and half year September 30, 2023, the Bank had issued 230,477,634 equity shares of Rs. 2 each for cash pursuant to a Qualified Institution Placement (QIP) as per the relevant provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 at Rs. 131.90 per share aggregating to Rs. 304,000.00 Lakhs (including share premium). This resulted in an increase of Rs. 4,609.55 Lakhs in Share Capital and Rs. 295,416.80 Lakhs (net of issue expenses) in Share premium account. 2023-04-01 2023-12-31 Unaudited Standalone 129926300000.00 26590700000.00 2405000000.00 3177100000.00 162099100000.00 23253900000.00 185353000000.00 101115400000.00 19362000000.00 24234300000.00 43596300000.00 144711700000.00 40641300000.00 2907000000.00 0.00 37734300000.00 9591300000.00 28143000000.00 0.00 28143000000.00 28143000000.00 4866800000.00 2.00 0.00 0.1348 0.00 12.36 12.21 12.36 12.21 46287900000.00 12843700000.00 0.0229 0.0064 0.0102 Other operating expenses 8554400000.00 Other operating expenses 24234300000.00 Corporate/Wholesale Banking 18020500000.00 Other Banking operations 611900000.00 Retail Banking - Digital Banking 3868900000.00 Retail Banking - Other Retail Banking 33730100000.00 Treasury 9679600000.00 Corporate/Wholesale Banking 52597400000.00 Other Banking operations 1427200000.00 Retail Banking - Digital Banking 10565100000.00 Retail Banking - Other Retail Banking 94437100000.00 Treasury 26286300000.00 65911000000.00 185313100000.00 0.00 0.00 65911000000.00 185313100000.00 Corporate/Wholesale Banking 3495000000.00 Other Banking operations 520100000.00 Retail Banking - Digital Banking 681300000.00 Retail Banking - Other Retail Banking 6577800000.00 Treasury 2171300000.00 Corporate/Wholesale Banking 11948600000.00 Other Banking operations 1213100000.00 Retail Banking - Digital Banking 1501300000.00 Retail Banking - Other Retail Banking 18055700000.00 Treasury 4975800000.00 13445500000.00 37694500000.00 0.00 0.00 -15600000.00 -39800000.00 13461100000.00 37734300000.00 Corporate/Wholesale Banking 1104167600000.00 Other Banking operations 0.00 Retail Banking - Digital Banking 63095800000.00 Retail Banking - Other Retail Banking 1116018000000.00 Treasury 608666700000.00 2891948100000.00 70176800000.00 70176800000.00 2962124900000.00 Corporate/Wholesale Banking 319420400000.00 Other Banking operations 0.00 Retail Banking - Digital Banking 145432100000.00 Retail Banking - Other Retail Banking 1904205400000.00 Treasury 274138700000.00 2643196600000.00 37213500000.00 37213500000.00 2680410100000.00 Continuation of Notes on Financial Results: 8. During the quarter and nine months ended December 31, 2023, the Bank has issued 72,682,048 equity shares of Rs. 2 each for cash pursuant to a Preferential Allotment as per the relevant provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 at Rs.131.91 per share aggregating to Rs. 95,874.89 Lakhs (including share premium). This resulted in an increase of Rs. 1,453.64 Lakhs in Share Capital and Rs. 94,361.59 Lakhs (net of issue expenses) in Share premium account. 9. As per extant RBI guidelines, banks are required to make Pillar 3 disclosures including leverage ratio , liquidity coverage ratio and Net Stable Funding Ratio (NSFR) under the Basel III framework. Accordingly, such applicable disclosures have been placed on the website of the Bank which can be accessed at the following link: https://www.federalbank.co.in/regulatory-disclosures. These disclosures have not been subjected to audit or review by the Joint Statutory Auditors of the Bank. 10. Disclosures as per 'Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021' dated September 24, 2021 for the loans transferred / acquired during the nine months ended December 31, 2023 are given in the results published. 11. The figures for the quarter and nine months ended December 31, 2022 and year ended March 31, 2023 were reviewed / audited by previous Joint Statutory Auditors. 12. Previous period's figures have been regrouped / reclassified, wherever necessary to conform to current period's classification. For the above segment reporting, the reportable segments are identified as Treasury, Corporate/Wholesale Banking, Retail Banking (with Digital Banking and Other Retail Banking as sub-segments) and Other Banking Operations in compliance with the RBI guidelines. The business operations of the Bank are substantially concentrated in India and for the purpose of Segment Reporting as per Accounting Standard-17, the bank is considered to operate only in domestic segment.