<p>New Delhi: Private sector lender Federal Bank on Wednesday reported a 20 per cent growth in advances at Rs 2,24,139 crore for the first quarter ended June 30.</p>.<p>Total advances stood at Rs 1,86,593 crore at the end of the first quarter of the last financial year, Federal Bank said in a regulatory filing.</p>.<p>As per internal classification, retail credit book grew by 25 per cent and wholesale credit book grew by 14 per cent, it said, adding, retail-to-wholesale ratio stood at 56:44 respectively.</p>.As banking jitterbug dies down, Federal Reserve eyes inflation woes.<p>The bank's deposits also rose by 20 per cent year-on-year to Rs 2,66,082 crore in the quarter, from Rs 2,22,496 crore in the same period a year ago, it said.</p>.<p>Federal Bank's low-cost deposits-current account and saving deposits (CASA) -- declined to 29.28 per cent from 31.85 per cent at the end of June 30, 2023.</p>
<p>New Delhi: Private sector lender Federal Bank on Wednesday reported a 20 per cent growth in advances at Rs 2,24,139 crore for the first quarter ended June 30.</p>.<p>Total advances stood at Rs 1,86,593 crore at the end of the first quarter of the last financial year, Federal Bank said in a regulatory filing.</p>.<p>As per internal classification, retail credit book grew by 25 per cent and wholesale credit book grew by 14 per cent, it said, adding, retail-to-wholesale ratio stood at 56:44 respectively.</p>.As banking jitterbug dies down, Federal Reserve eyes inflation woes.<p>The bank's deposits also rose by 20 per cent year-on-year to Rs 2,66,082 crore in the quarter, from Rs 2,22,496 crore in the same period a year ago, it said.</p>.<p>Federal Bank's low-cost deposits-current account and saving deposits (CASA) -- declined to 29.28 per cent from 31.85 per cent at the end of June 30, 2023.</p>