FEDERALBNK2022-01-012022-03-31in-bse-fin:OneOperatingExpenses01Member FEDERALBNK2022-01-012022-03-31in-bse-fin:FourOperatingExpenses01Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentRevenue01Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentRevenue02Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentRevenue03Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentRevenue04Member FEDERALBNK2022-01-012022-03-31in-bse-fin:FourReportableSegmentRevenue01Member FEDERALBNK2022-01-012022-03-31in-bse-fin:FourReportableSegmentRevenue02Member FEDERALBNK2022-01-012022-03-31in-bse-fin:FourReportableSegmentRevenue03Member FEDERALBNK2022-01-012022-03-31in-bse-fin:FourReportableSegmentRevenue04Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentResults01Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentResults02Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentResults03Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentResults04Member FEDERALBNK2022-01-012022-03-31in-bse-fin:FourReportableSegmentResults01Member FEDERALBNK2022-01-012022-03-31in-bse-fin:FourReportableSegmentResults02Member FEDERALBNK2022-01-012022-03-31in-bse-fin:FourReportableSegmentResults03Member FEDERALBNK2022-01-012022-03-31in-bse-fin:FourReportableSegmentResults04Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentAssets01Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentAssets02Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentAssets03Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentAssets04Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2022-03-31in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2022-03-31in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2022-03-31in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2022-01-012022-03-31in-bse-fin:OneReportableSegmentLiabilities04Member FEDERALBNK2022-03-31in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares FEDERALBNK The Federal Bank Limited 2021-04-01 2022-03-31 INR Yearly true Cash Flow Indirect Declaration of unmodified opinion 2022-03-31 Audited Standalone 27544600000.00 5929000000.00 561400000.00 797400000.00 34832400000.00 4650000000.00 39482400000.00 19580300000.00 6372500000.00 5547600000.00 11920100000.00 31500400000.00 7982000000.00 752400000.00 0.00 7229600000.00 1824200000.00 5405400000.00 0.00 5405400000.00 5405400000.00 4205100000.00 2.00 0.00 0.1443 0.00 2.57 2.55 2.57 2.55 41367400000.00 13926200000.00 0.028 0.0096 0.0025 During the quarter and year ended, the Bank has allotted 517,931 and 1,547,231 equity shares of Rs. 2 each respectively, pursuant to the exercise of stock options by employees., RBI issued a clarification on Guidelines on Compensation of Whole Time Directors/Chief Executive Officers / Material Risk Takers and Control Function Staff advising banks that the share-linked instruments are required to be fair valued on the date of grant using the Black-Scholes model. The fair value thus arrived should be recognised as an expense for all options granted after the accounting period ending March 31, 2021, over the vesting period. Accordingly, Bank has estimated the fair value of such stock-based compensations on the date of grant using Black-Scholes model (as against intrinsic value method adopted earlier) and recognised the same as an expense over the vesting period, which does not have a material impact on the results for the quarter/ year ended March 31, 2022. 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. The Board of Directors have recommended a dividend of 90% i.e. Rs 1.80/- per Equity Share on face value of Rs 2/- each for the year 2021-22 (Previous Year Rs 0.70/- per Equity Share) subject to the approval of the members at the ensuing Annual General Meeting. In terms of Accounting Standard (AS) 4 Contingencies and Events occurring after the Balance sheet date the Bank has not appropriated proposed dividend aggregating to Rs 37,845.79 Lakhs from the Profit and loss account for the year ended March 31, 2022. However the effect of the proposed dividend has been reckoned in determining capital funds in the computation of Capital adequacy ratio as on March 31, 2022. 2022-03-31 Audited Standalone 108297500000.00 23386700000.00 2202700000.00 2720700000.00 136607600000.00 20890900000.00 157498500000.00 76988000000.00 23205500000.00 19726500000.00 42932000000.00 119920000000.00 37578500000.00 12217700000.00 0.00 25360800000.00 6462600000.00 18898200000.00 0.00 18898200000.00 18898200000.00 4205100000.00 2.00 183683200000.00 0.00 0.1443 0.00 9.13 9.06 9.13 9.06 41367400000.00 13926200000.00 0.028 0.0096 0.0094 Other operating expenses 5547600000.00 Other operating expenses 19726500000.00 Continuation of Note to Financial Results In accordance with the RBI Cir. No. DOR.STR.REC.11/21.04.048/2021-22 dated May 05, 2021 on Resolution Framework — 2.0: Resolution of Covid — 19 related stress of Individuals and Small Business , the number of borrower accounts where modifications were sanctioned and implemented and the aggregate exposure to such borrowers are as under No of accounts – 190, Aggregate Exposure -7851.86 During the year ended March 31, 2022, based on internal assessment, the Bank has created additional provision over and above the regulatory minimum provision required for restructured advances, against the accounts restructured under the resolution frameworks. As on March 31, 2022, the bank holds Rs 13,939.00 Lakhs provision against the accounts restructured under the resolution frameworks over and above the regulatory minimum provision requirement As permitted vide letter dated October 04, 2021 issued by RBI, during the quarter ended September 30, 2021 the Bank had opted to amortise the liability on account of revision in family pension for employees covered under the 11th Bipartite Settlement and Joint Note dated November 11, 2020, over a period not exceeding five years beginning with the financial year ended March 31, 2022, subject to 1/5 of the liability being expensed every financial year. Accordingly, during the nine months ended December 31, 2021, the Bank had charged Rs 2,364.21 Lakhs to the Profit and Loss account and the balance unamortised expenditure amounting to Rs 15,367.34 Lakhs was carried forward. During the quarter ended March 31, 2022, the bank has opted to charge the entire balance unamortised family pension expenditure of Rs 15,367.34 lakhs to the Profit and Loss Account. 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. Corporate/Wholesale Banking 10385100000.00 Other Banking operations 340000000.00 Retail Banking 23642900000.00 Treasury 4947500000.00 Corporate/Wholesale Banking 42673400000.00 Other Banking operations 1080000000.00 Retail Banking 89870000000.00 Treasury 23513000000.00 39315500000.00 157136400000.00 0.00 0.00 39315500000.00 157136400000.00 Corporate/Wholesale Banking 1749700000.00 Other Banking operations 289000000.00 Retail Banking 4472800000.00 Treasury 551200000.00 Corporate/Wholesale Banking 5565700000.00 Other Banking operations 918000000.00 Retail Banking 12101500000.00 Treasury 6413500000.00 7062700000.00 24998700000.00 0.00 0.00 -166900000.00 -362100000.00 7229600000.00 25360800000.00 Corporate/Wholesale Banking 785885700000.00 Other Banking operations 0.00 Retail Banking 879864600000.00 Treasury 476844000000.00 2142594300000.00 66868800000.00 66868800000.00 2209463100000.00 Corporate/Wholesale Banking 186790600000.00 Other Banking operations 0.00 Retail Banking 1629855500000.00 Treasury 180218900000.00 1996865000000.00 24659700000.00 24659700000.00 2021524700000.00 For segment reporting, the reportable segments are identified as Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. Statement of Assets and Liabilities are given in the publication to stock exchange The Business operations of the Bank are substantially concentrated in India and for the purpose of Segment Reporting, the bank is considered to operate only in domestic segment. The Financial Results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 06, 2022 and subjected to Audit by the Statutory Central Auditors and an unqualified audit report has been issued. The Bank has not made any changes in the significant accounting policies applied in the preparation of the quarterly financial results and its annual financial statements for the current year and previous year having a material impact on the results. 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 NPAs, provision for non-performing investments, provision for 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. In accordance with RBI Circulars on Basel III Capital & Prudential Guidelines on Capital Adequacy, Liquidity Standards - Amendments' and 'Basel III Framework on Liquidity Standards –NSFR – Final Guidelines', Banks are required to make Pillar III 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. These disclosures have not been subjected to audit or review by the Statutory Central Auditors of the Bank. On account of uncertainties prevailing due to COVID pandemic across the world and in India, 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. Details of resolution plan implemented under the Resolution Framework for COVID related Stress as per RBI circular - Resolution Frameworks are given in Published Results. Disclosures as per Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions, for the loans transferred / acquired during the year are given in the results published. 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 were subjected to limited review. 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 statements - Presentation and disclosure issued by Reserve Bank of India, as amended and wherever considered necessary. 0.00 3719800000.00 0.00 0.00 276700000.00 5100000.00 0.00 0.00 -53100000.00 0.00 3395100000.00 0.00 -136608400000.00 -60821400000.00 90561100000.00 9334000000.00 12233300000.00 -85301400000.00 -81906300000.00 -56545500000.00 0.00 0.00 0.00 8428600000.00 0.00 -64974100000.00 0.00 0.00 -64974100000.00 0.00 1504000000.00 11959100000.00 0.00 0.00 0.00 0.00 0.00 72400000.00 2677000000.00 0.00 0.00 0.00 0.00 0.00 0.00 276700000.00 0.00 0.00 0.00 0.00 8127200000.00 0.00 0.00 8127200000.00 9251300000.00 0.00 7000000000.00 56246100000.00 0.00 1397400000.00 0.00 0.00 0.00 71100000000.00 0.00 0.00 71100000000.00 14253100000.00 -63500000.00 14189600000.00 195913900000.00 210103500000.00