FEDERALBNK2020-04-012020-06-30in-bse-fin:OneOperatingExpenses01Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentRevenue01Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentRevenue02Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentRevenue03Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentResults01Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentResults02Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentResults03Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentAssets01Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentAssets02Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentAssets03Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentAssets04Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentAssets05Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentAssets06Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2020-06-30in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2020-06-30in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2020-06-30in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentLiabilities04Member FEDERALBNK2020-06-30in-bse-fin:OneReportableSegmentLiabilities04Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentLiabilities05Member FEDERALBNK2020-06-30in-bse-fin:OneReportableSegmentLiabilities05Member FEDERALBNK2020-04-012020-06-30in-bse-fin:OneReportableSegmentLiabilities06Member FEDERALBNK2020-06-30in-bse-fin:OneReportableSegmentLiabilities06Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares FEDERALBNK The Federal Bank Limited 2020-04-01 2021-03-31 INR First quarter Not applicable 2020-06-30 Unaudited Standalone 27059800000.00 6061200000.00 706700000.00 613800000.00 34441500000.00 4883700000.00 39325200000.00 21477100000.00 4958500000.00 3565800000.00 8524300000.00 30001400000.00 9323800000.00 3946200000.00 0.00 5377600000.00 1369900000.00 4007700000.00 0.00 4007700000.00 4007700000.00 3987500000.00 2.00 0.00 0.13 0.00 2.01 2.01 2.01 2.01 36555900000.00 14774600000.00 0.0296 0.0122 0.0022 1. The above Standalone Unaudited Financial Results for the quarter ended June 30, 2020 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 15, 2020. These Results have been subjected to “Limited review” by the Statutory Central Auditors of the Bank and an unqualified review report has been issued. n2.The Bank has followed the same 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, 2020. n n3.Pursuant to Board approved policy on preparation of segment information, the Bank, with effect from quarter ended June 30, 2020, has revised the basis of preparation of segment information on a direct identification basis with the aid of Internal Transfer pricing mechanism for more appropriate presentation of the segment results. Accordingly, figures for the previous periods have been regrouped / reclassified to conform to current period's classification. n nThe change in segment information has no impact on the overall Revenue, Results, and Capital employed of the bank for the quarter ended June 30, 2020 or the previous periods/year. The impact of Increase/Decrease in the segment revenue, segment results, segment assets, segment liabilities and capital employed had the Bank continued the same method of preparation of segment information as was adopted in previous periods is disclosed in the notes filed with stock exchanges. n n4.The working results have been arrived at after considering provision for standard assets, including requirements for exposures to entities with Unhedged Foreign Currency Exposures, non-performing assets (NPAs), depreciation on investments, income-tax and other usual and necessary provisions. n n5.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), recoveries from advances written off etc. n n6.The Capital Adequacy Ratio is computed on the basis of 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. n n7. The Business operations of the Bank are largely concentrated in India and for the purpose of Segment reporting, the bank is considered to operate only in domestic segment, though the bank has its operations in International Finance Service Centre (IFSC) Banking Unit in Gujarat International Finance Tec-city (GIFT). The business conducted from the same is considered as part of Indian operations. n n8.During the quarter ended June 30, 2020, the Bank has allotted 1,079,930 equity shares of Rs. 2 each, pursuant to the exercise of stock options by employees. n n n9.In accordance with RBI Circular DBR.No.BP.BC.1/21.06.201/2015-16 on Basel III Capital Regulations dated July 01, 2015 and RBI Circular DBR.No.BP.BC.80/21.06.201/2014-15 dated March 31, 2015 - 'Prudential Guidelines on Capital Adequacy and Liquidity Standards - Amendments', Banks are required to make Pillar 3 disclosure requirements including Leverage Ratio disclosure requirements that are to be made along with the publication of Financial Results. Accordingly, such applicable disclosures have been placed on the website of the Bank which can be accessed at the following link: http://www.federalbank.co.in/regulatory-disclosures. These disclosures have not been subjected to audit or review by the Statutory Central Auditors of the Bank. Other operating expneses 3565800000.00 Corporate/Wholesale banking 11589400000.00 Retail Banking 18357600000.00 Treasury 9378200000.00 39325200000.00 39325200000.00 Corporate/Wholesale banking -814900000.00 Retail Banking 1929900000.00 Treasury 4262800000.00 5377800000.00 0.00 200000.00 5377600000.00 Corporate/Wholesale banking 701338400000.00 Corporate/Wholesale banking 701338400000.00 Retail Banking 652964600000.00 Retail Banking 652964600000.00 Treasury 421964200000.00 Treasury 421964200000.00 1776267200000.00 81936300000.00 1858203500000.00 Corporate/Wholesale banking 122716500000.00 Corporate/Wholesale banking 122716500000.00 Retail Banking 1422779700000.00 Retail Banking 1422779700000.00 Treasury 139643800000.00 Treasury 139643800000.00 1685140000000.00 23835400000.00 1708975400000.00 10.The SARS-CoV-2 virus responsible for COVID-19 continues to spread across the globe and India, which has contributed to a significant volatility in global and Indian Financial markets and a significant decrease in the global and local economic activities. COVID-19 outbreak was declared as a global pandemic on March 11, 2020 by World Health Organisation. The Government of India had announced a series of lock-down measures on March 24, 2020 which has been extended from time to time. The recent directions from the Government indicates calibrated and gradual withdrawal of lockdown and partial resumption of economic activities. The extent to which the COVID-19 pandemic will impact the Bank’s results will depend on future developments, which are highly uncertain, including among other things, any new information concerning the severity of the COVID-19 pandemic and action to contain its spread or mitigate its impact. The Bank’s capital and liquidity position is strong and would continue to be the focus area for the Bank during this period. n nIn accordance with the 'COVID-19 Regulatory Packages' announced by the RBI (‘the RBI guidelines’), with regard to providing relief to borrowers’ on account of COVID-19 pandemic, whose accounts were standard as on February 29, 2020, the Bank, in accordance with the Board approved policy had offered moratorium on repayment of loan instalments and/or deferment of interest due between March 1, 2020 and August 31, 2020, including relaxation in certain parameters, to all eligible borrowers, without considering the same as restructuring. n nIn accordance with the RBI guidelines, the Bank is required to make provision @10% of outstanding advances over two quarters beginning with quarter ending March 31, 2020 in respect of such borrowers whose accounts, though classified as standard, would have become non-performing but for these benefits/relaxations extended as per RBI guidelines. The Bank, as a prudent measure, has made the entire 10% provision amounting to Rs. 3,026.60 Lakhs during the quarter ended March 31, 2020 itself. n nFurther, in addition to the above, as a prudent measure, during the current quarter, the Bank has made additional provision of Rs. 9,300.00 Lakhs (Rs. 6,303.40 Lakhs during the quarter ended March 31, 2020), net of write back of Rs.1,781.40 Lakhs, against the likely impact of COVID-19 pandemic in respect of exposure of the Bank to certain specified sectors based on assessment of presently available information. The aggregate provision against the likely impact of COVID-19, including the RBI mandated provision, as on June 30, 2020 stands at Rs. 18,630.00 Lakhs. n n11.The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the end of third quarter of the respective financial year, which was subject to limited review. n n12.Previous period's / year's figures have been regrouped / reclassified, where necessary to conform to current period's classification.