The banks net interest margins (NIMs) for the September-December quarter fell 47 basis points over the previous quarter to 3.47%.
The asset quality deteriorated with the gross non-performing assets (NPAs) sequentially rising to 3.85%, from 3.83% and net NPAs rising to 0.92%, from 0.68%. Provisions, including those for bad loans, fell to R74.39 crore from R115.25 crore, a year earlier.
The advances for the bank grew 18.94% y-o-y to R39,494.03 crore as on December 31.
Retail advances of the bank forms 30.01% y-o-y and small & medium enterprises contribute 29.64% of the total advances.
The deposits for the quarter grew by 10.41% y-o-y to R51,607 crore. NRI deposits increased by 34.98% y-o-y to R14,234.82 crore, and retail deposits grew 17.55% to touch R45,467.87 crore.
The banks capital adequacy ratio at the end of Q3 stood at 14.92%, against 15.9% at the end of December 31, 2011. Federal Banks tier-1 capital was at 14.29%.
The bank had 1,028 branches and 1,143 ATMs at the end of December 31.