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The Economic Times

Economy / The Economic Times

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Federal Bank set to receive Rs 686 crore tax refund

Federal Bank will receive a significant tax refund of Rs 686 crore. This comes after the successful resolution of a long-standing tax dispute. The refund covers three assessment years. This development is expected to boost the bank's profitability in the upcoming quarter. The amount is substantial compared to its recent quarterly earnings.

20 Feb 2026 12:28 am