FEDERALBNK2020-07-012020-09-30in-bse-fin:OneOperatingExpenses01Member FEDERALBNK2020-07-012020-09-30in-bse-fin:FourOperatingExpenses01Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentRevenue01Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentRevenue02Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentRevenue03Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentRevenue04Member FEDERALBNK2020-07-012020-09-30in-bse-fin:FourReportableSegmentRevenue01Member FEDERALBNK2020-07-012020-09-30in-bse-fin:FourReportableSegmentRevenue02Member FEDERALBNK2020-07-012020-09-30in-bse-fin:FourReportableSegmentRevenue03Member FEDERALBNK2020-07-012020-09-30in-bse-fin:FourReportableSegmentRevenue04Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentResults01Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentResults02Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentResults03Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentResults04Member FEDERALBNK2020-07-012020-09-30in-bse-fin:FourReportableSegmentResults01Member FEDERALBNK2020-07-012020-09-30in-bse-fin:FourReportableSegmentResults02Member FEDERALBNK2020-07-012020-09-30in-bse-fin:FourReportableSegmentResults03Member FEDERALBNK2020-07-012020-09-30in-bse-fin:FourReportableSegmentResults04Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentAssets01Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentAssets02Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentAssets03Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentAssets04Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2020-09-30in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2020-09-30in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2020-09-30in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2020-07-012020-09-30in-bse-fin:OneReportableSegmentLiabilities04Member FEDERALBNK2020-09-30in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares FEDERALBNK The Federal Bank Limited 2020-04-01 2021-03-31 INR Half yearly Not applicable 2020-09-30 Unaudited Standalone 27174900000.00 5925200000.00 1166100000.00 612800000.00 34879000000.00 5093300000.00 39972300000.00 21080500000.00 4874600000.00 3951900000.00 8826500000.00 29907000000.00 10065300000.00 5920600000.00 0.00 4144700000.00 1068500000.00 3076200000.00 0.00 3076200000.00 3076200000.00 3989300000.00 2.00 0.00 0.1333 0.00 1.54 1.54 1.54 1.54 35521900000.00 12181400000.00 0.0284 0.0099 0.0016 1. The above Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2020 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 16, 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. n 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 and half year ended September 30, 2020 or the previous periods/year. 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 and half year ended September 30, 2020, the Bank has allotted 930,455 and 2,010,385 equity shares of Rs. 2 each, pursuant to the exercise of stock options by employees. 2020-09-30 Unaudited Standalone 54234700000.00 11986400000.00 1872800000.00 1226600000.00 69320500000.00 9977000000.00 79297500000.00 42557600000.00 9833100000.00 7517700000.00 17350800000.00 59908400000.00 19389100000.00 9866800000.00 0.00 9522300000.00 2438400000.00 7083900000.00 0.00 7083900000.00 7083900000.00 3989300000.00 2.00 0.00 0.1333 0.00 3.55 3.55 3.55 3.55 35521900000.00 12181400000.00 0.0284 0.0099 0.0038 Other operating expenses 3951900000.00 Other operating expenses 7517700000.00 9.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. n n10.On account of uncertainties arising from the COVID-19 pandemic across the world and in India, the extent to which the same will impact the Bank’s operations and financial position will depend on various aspects including actions taken to mitigate its impact and other regulatory measures. The Bank’s capital and liquidity position is strong and would continue to be the focus area for the Bank during this period. n nAs per 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. Corporate/Wholesale Banking 13197600000.00 Other Banking operations 0.00 Retail Banking 20699300000.00 Treasury 6075400000.00 Corporate/Wholesale Banking 24787000000.00 Other Banking operations 0.00 Retail Banking 39056900000.00 Treasury 15453600000.00 39972300000.00 79297500000.00 0.00 0.00 39972300000.00 79297500000.00 Corporate/Wholesale Banking 1506300000.00 Other Banking operations 0.00 Retail Banking 2223000000.00 Treasury 415400000.00 Corporate/Wholesale Banking 691400000.00 Other Banking operations 0.00 Retail Banking 4152900000.00 Treasury 4678200000.00 4144700000.00 9522500000.00 0.00 0.00 0.00 200000.00 4144700000.00 9522300000.00 Corporate/Wholesale Banking 680913900000.00 Other Banking operations 0.00 Retail Banking 693745700000.00 Treasury 437889100000.00 1812548700000.00 77718400000.00 77718400000.00 1890267100000.00 Corporate/Wholesale Banking 140590800000.00 Other Banking operations 0.00 Retail Banking 1446162300000.00 Treasury 130530300000.00 1717283400000.00 20631200000.00 20631200000.00 1737914600000.00 Continuation of point 10 n nAs on June 30, 2020 Bank was maintaining provision against the likely impact of COVID-19 amounting to Rs.18,630.00 Lakhs, which was in excess of RBI mandated 10% provision on asset classification benefit extended accounts. During the current quarter, as a prudent measure, the Bank has made additional provision of Rs.40,161.00 Lakhs (Rs.9,300.00 Lakhs during the quarter ended June 30, 2020), against the further likely impact of COVID-19 pandemic in respect of exposure of the Bank to certain specified sectors based on the assessment of presently available information. The aggregate provision against the likely impact of COVID-19, including the RBI mandated provision, as on September 30, 2020 stands at Rs. 58,791.00 Lakhs and is grouped under Other liabilities and provisions in the Balance sheet of the Bank. n nThe Honourable Supreme Court in a writ petition by Gajendra Sharma Vs Union of India & Anr vide its interim order dated September 3, 2020 has directed Banks that the accounts which were not declared Non performing asset (NPA) till August 31, 2020 shall not be declared NPA till further orders, pending disposal of the case by Supreme Court. Pursuant to the order, the Bank has not declared any account as NPA, which was not declared as NPA till August 31, 2020 as per the RBI Prudential norms on Income Recognition, Asset classification, and provisioning pertaining to advances. However, as a prudent measure Bank has created sufficient provisions in respect of these advances. n n11.The disclosures as required under RBI circular DOR.No.BP.BC.63/21.04.048/2019-20 dated April 17, 2020 is given below for the half year ended as on September 30, 2020: n nAmount in SMA/Overdue categories, where the moratorium was extended (As of March 31, 2020) Rs.3,71,262 Lakhs n nAmount where asset classification benefits is extended (As of September 30, 2020)-76,397 Lakhs n nProvisions made during the quarter ended March 31, 2020 and June30, 2020 (Mandatory 10% Provision) Rs. 7640 Lakhs n nProvision adjusted during the half year ended September 30, 2020 against slippages-Nil n n n12.The disclosures as required under RBI circular DOR.No.BP.BC.62/21.04.048/2020-21 dated April 17, 2020 with respect to the number of accounts and the Amount involved in those accounts where the Resolution period was extended is given below for the half year ended as on September 30, 2020 n nNo.of accounts in which Resolution period was extended- 3 nAmount involved-Rs.4170 Lakhs n n13.The figures for the quarter ended June 30, 2020, quarter and half year ended September 30, 2019 and year ended March 31, 2020 were reviewed / audited by previous statutory auditors. n n14. Previous period's / year's figures have been regrouped / reclassified, where necessary to conform to current period's classification.