Federal Bank - High Margin Products To Be The Focus Area: IDBI Capital

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .IDBI Capital Report.We attended Analyst Day hosted by Federal Bank Ltd. which highlighted the journey of last three years (Dec 2019-2022) and how the bank has successfully navigated through the Covid-19. Further, future business path to be among the top five private banks as well as the most admired bank in the country. Management highlighted that the focus ahead shall be on the higher margin products (credit cards, personal loans, micro, small and medium enterprise loans etc.) by leveraging on its digital, analytical and branch lite partnership based model. Federal Bank is strengthening its presence outside Kerala (such as Tamil Nadu) both through opening new branches as well as building relationships with key stakeholder. Going forward, the bank expects to operate through branch lite distribution heavy mode..Click on the attachment to read the full report:.Federal Bank - Pursuing All-Round Growth: Motilal Oswal.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Federal Bank - High Margin Products To Be The Focus Area: IDBI Capital

Management highlighted that focus ahead shall be on the higher margin products like credit cards, personal loans, MSME loans etc.

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