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 Consolidated 49473600000.00 9477600000.00 792900000.00 1107900000.00 60852000000.00 9083500000.00 69935500000.00 37596800000.00 7876200000.00 9125900000.00 17002100000.00 54598900000.00 15336600000.00 1138500000.00 0.00 14198100000.00 3565700000.00 10632400000.00 0.00 10632400000.00 40300000.00 318500000.00 10354200000.00 4866800000.00 2.00 0.00 0.1374 0.00 4.28 4.22 4.28 4.22 47966400000.00 14018000000.00 0.0228 0.0068 0.0034 1. The above Consolidated Unaudited Financial Results for the quarter and nine months ended December 31, 2023 were reviewed by the Audit Committee and subsequently 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 Consolidated Financial Results of the Group comprise the financial results of The Federal Bank Limited and its subsidiaries viz. Fedbank Financial Services Limited & Federal Operations and Services Limited and its associates viz. Ageas Federal Life Insurance Company Limited & Equirus Capital Private Limited. 3. There has been no material change in the accounting policies adopted in the preparation of the interim financial results as compared to those followed for the year ended March 31, 2023. 4. 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. 5. 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, recoveries from advances written off etc. 6. 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. 7. 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. 2023-04-01 2023-12-31 Unaudited Consolidated 140017600000.00 26548800000.00 2405000000.00 3291100000.00 172262500000.00 24065800000.00 196328300000.00 105583300000.00 21943700000.00 25790600000.00 47734300000.00 153317600000.00 43010700000.00 3361100000.00 0.00 39649600000.00 10098200000.00 29551400000.00 0.00 29551400000.00 127300000.00 582300000.00 29096400000.00 4866800000.00 2.00 0.00 0.1374 0.00 12.78 12.62 12.78 12.62 47966400000.00 14018000000.00 0.0228 0.0068 0.0101 Other operating expenses 9125900000.00 Other operating expenses 25790600000.00 Corporate/Wholesale Banking 17873000000.00 Other Banking operations 860400000.00 Retail Banking - Digital Banking 3868900000.00 Retail Banking - Other Retail Banking 37542000000.00 Treasury 9775600000.00 Corporate/Wholesale Banking 52257800000.00 Other Banking operations 1943600000.00 Retail Banking - Digital Banking 10565100000.00 Retail Banking - Other Retail Banking 105178900000.00 Treasury 26343000000.00 69919900000.00 196288400000.00 0.00 0.00 69919900000.00 196288400000.00 Corporate/Wholesale Banking 3478900000.00 Other Banking operations 609900000.00 Retail Banking - Digital Banking 681300000.00 Retail Banking - Other Retail Banking 7086700000.00 Treasury 2325700000.00 Corporate/Wholesale Banking 11911000000.00 Other Banking operations 1479600000.00 Retail Banking - Digital Banking 1501300000.00 Retail Banking - Other Retail Banking 19510500000.00 Treasury 5207400000.00 14182500000.00 39609800000.00 0.00 0.00 -15600000.00 -39800000.00 14198100000.00 39649600000.00 Corporate/Wholesale Banking 1097636800000.00 Other Banking operations 101400000.00 Retail Banking - Digital Banking 63095800000.00 Retail Banking - Other Retail Banking 1215173700000.00 Treasury 608073500000.00 2984081200000.00 70176800000.00 70176800000.00 3054258000000.00 Corporate/Wholesale Banking 319608200000.00 Other Banking operations 35600000.00 Retail Banking - Digital Banking 145432100000.00 Retail Banking - Other Retail Banking 1973568500000.00 Treasury 279296000000.00 2717940400000.00 37213500000.00 37213500000.00 2755153900000.00 Continuation of Notes on Financial Results 8. During the quarter and half year September 30, 2023 , the Bank has 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. 9. 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. 10. 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. 11. 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.