FEDERALBNK2021-10-012021-12-31in-bse-fin:OneOperatingExpenses01Member FEDERALBNK2021-10-012021-12-31in-bse-fin:FourOperatingExpenses01Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentRevenue01Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentRevenue02Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentRevenue03Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentRevenue04Member FEDERALBNK2021-10-012021-12-31in-bse-fin:FourReportableSegmentRevenue01Member FEDERALBNK2021-10-012021-12-31in-bse-fin:FourReportableSegmentRevenue02Member FEDERALBNK2021-10-012021-12-31in-bse-fin:FourReportableSegmentRevenue03Member FEDERALBNK2021-10-012021-12-31in-bse-fin:FourReportableSegmentRevenue04Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentResults01Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentResults02Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentResults03Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentResults04Member FEDERALBNK2021-10-012021-12-31in-bse-fin:FourReportableSegmentResults01Member FEDERALBNK2021-10-012021-12-31in-bse-fin:FourReportableSegmentResults02Member FEDERALBNK2021-10-012021-12-31in-bse-fin:FourReportableSegmentResults03Member FEDERALBNK2021-10-012021-12-31in-bse-fin:FourReportableSegmentResults04Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentAssets01Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentAssets02Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentAssets03Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentAssets04Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2021-12-31in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2021-12-31in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2021-12-31in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2021-10-012021-12-31in-bse-fin:OneReportableSegmentLiabilities04Member FEDERALBNK2021-12-31in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares FEDERALBNK The Federal Bank Limited 2021-04-01 2022-03-31 INR Third quarter Not applicable 2021-12-31 Unaudited Standalone 27292700000.00 5740200000.00 608900000.00 783800000.00 34425600000.00 4841900000.00 39267500000.00 19036600000.00 5830700000.00 5257300000.00 11088000000.00 30124600000.00 9142900000.00 2139800000.00 0.00 7003100000.00 1785800000.00 5217300000.00 0.00 5217300000.00 5217300000.00 4204100000.00 2.00 0.00 0.1352 0.00 2.48 2.46 2.48 2.46 44012600000.00 14711800000.00 0.0306 0.0105 0.0026 The above Standalone Unaudited Financial Results for the quarter and nine months ended December 31, 2021 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on January 25, 2022 and is subjected to “Limited review” by the Statutory Central Auditors and an unqualified review report has been issued. 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, 2021 except as stated in Note 13 in publication to stock exchange. During the quarter and nine months ended December 31, 2021, the Bank has allotted 514,964 and 1,029,300 equity shares of Rs. 2 each respectively, pursuant to the exercise of stock options by employees. 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 as per RBI Circular. Accordingly, such applicable disclosures have been placed on the website of the Bank in the link: https://www.federalbank.co.in/regulatory-disclosures. These disclosures have not been subjected to audit or review by the Statutory Central Auditors of the Bank. During the quarter ended September 30, 2021 , the Bank had issued 104,846,394 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 at Rs. 87.39 per share aggregating to Rs. 91,625.26 Lakhs (including share premium). This resulted in an increase of Rs. 2,096.93 Lakhs in Share Capital and Rs. 89,476.54 Lakhs (Net of share issue expenses) in Share premium account. During Q2 FY’22, the bank had estimated & fully recognized the additional liability on account of revision in family pension for employees covered under the 11th Bipartite Settlement and Joint Note dated November 11, 2020 amounting to Rs. 17,731.55 Lakhs. In accordance with the letter dated October 4, 2021 issued by RBI, permitting all member banks of Indian Banks’ Association to amortise the said additional liability over a period not exceeding five years beginning with the financial year ended March 31, 2022, subject to a minimum of 1/5th of the total amount being expensed every year, the bank had opted to amortize the said liability over a period not exceeding five years beginning with the financial year ended March 31, 2022, subject to a minimum of Rs. 3,546.31 Lakhs being expensed every financial year. Accordingly, during the quarter and nine months ended December 31, 2021, the Bank has charged Rs. 1,182.10 Lakhs and Rs. 2,364.21 Lakhs respectively to the Profit and Loss account and the balance unamortised expenditure amounting to Rs. 15,367.34 Lakhs has been carried forward. Had the Bank charged the entire unamortised expenditure to the Profit and Loss Account during the quarter and nine months ended December 31, 2021, the Net Profit after tax for the quarter and nine months ended December 31, 2021 would have been lower by Rs. 11,436.28 Lakhs. The Honourable Supreme Court of India, vide an interim order dated September 3, 2020, had directed that accounts which were not declared NPA till August 31 , 2020 shall not be declared as NPA till further orders, which has been complied with by the Bank. The said interim order stood vacated on March 23, 2021 and the Bank continued with the asset classification of borrower accounts as per the extant RBI instructions / IRAC norms. In view of this, the results for the nine months ended December 31 , 2021 may not be comparable with the corresponding nine months ended December 31, 2020. The bank has raised Rs. 70,000.00 Lakhs Tier II capital on January 20, 2022, by way of issuance of unsecured Basel III compliant Tier II Bonds on private placement basis. 2021-12-31 Unaudited Standalone 80752900000.00 17457700000.00 1641300000.00 1923300000.00 101775200000.00 16240900000.00 118016100000.00 57407700000.00 16833000000.00 14178900000.00 31011900000.00 88419600000.00 29596500000.00 11465300000.00 0.00 18131200000.00 4638400000.00 13492800000.00 0.00 13492800000.00 13492800000.00 4204100000.00 2.00 0.00 0.1352 0.00 6.56 6.51 6.56 6.51 44012600000.00 14711800000.00 0.0306 0.0105 0.0068 Other operating expenses 5257300000.00 Other operating expenses 14178900000.00 Corporate/ Wholesale Banking 10482900000.00 Other Banking operations 0.00 Retail Banking 23385700000.00 Treasury 5210400000.00 Corporate/ Wholesale Banking 32288300000.00 Other Banking operations 0.00 Retail Banking 66967100000.00 Treasury 18565500000.00 39079000000.00 117820900000.00 0.00 0.00 39079000000.00 117820900000.00 Corporate/ Wholesale Banking 2139600000.00 Other Banking operations 0.00 Retail Banking 3572800000.00 Treasury 1102200000.00 Corporate/ Wholesale Banking 3816000000.00 Other Banking operations 0.00 Retail Banking 8257700000.00 Treasury 5862300000.00 6814600000.00 17936000000.00 0.00 0.00 -188500000.00 -195200000.00 7003100000.00 18131200000.00 Corporate/ Wholesale Banking 776112400000.00 Other Banking operations 0.00 Retail Banking 836547900000.00 Treasury 410580600000.00 2023240900000.00 65522800000.00 65522800000.00 2088763700000.00 Corporate/ Wholesale Banking 167052900000.00 Other Banking operations 0.00 Retail Banking 1607558100000.00 Treasury 106690300000.00 1881301300000.00 24942700000.00 24942700000.00 1906244000000.00 For the above segment reporting, the reportable segments are identified as Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations in compliance with the RBI guidelines. The working results have been arrived at after considering provision for standard assets, including requirements for exposures to entities with UHFCE, NPAs, provision for NPI, income-tax and other usual and necessary provisions. 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. 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. 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 IFSC Banking Unit in Gujarat International Finance Tec-city. The business conducted from the same is considered as a part of Indian operations. On account of uncertainties prevailing due to COVID pandemic across the world and in India, including the current outbreak, the extent to which the same will impact the Bank’s operations and financial position in future 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. The extent to which the COVID pandemic will continue to impact the Bank's results will depend on the future developments related to the situation, as well as the outcomes of the actions taken to contain the same. Details of resolution plan are given in the publication to stock exchange. Disclosures as per 'Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions, for the loans transferred / acquired during the nine months ended December 31, 2021 are given in the publication to stock exchange Previous period's / year's figures have been regrouped / reclassified, where necessary to conform to current period's classification and also the amounts / ratios for the previous period / year have been regrouped / reclassified pursuant to the requirement of Master Direction on financial results - Presentation and disclosure issued by Reserve Bank of India as amended and wherever considered necessary.