21 Oct 2025 | 3 Mins Read
Federal Bank target price raised to Rs 235
Flipitmoney
Federal Bank reported a strong quarter with a 6.6% NII beat, driven by a 12bps QoQ rise in NIM to 3.06%. The bank reduced higher cost liabilities, boosted CASA by 155bps, and improved liquidity management. Outlook: NIM forecast increased by 14bps each to 2.9%/3.1%, and core PAT forecast raised by 5.8%. TP raised to Rs 235 and 'BUY' rating retained.