Federal Bank to focus on mid-corporates over top-tier borrowers, 8-10% growth target for FY26

Kochi-based Federal Bank is shifting focus to mid-corporates, targeting 8 - 10 per cent growth in FY26 as demand from top-end borrowers weakens. “Top end can resort to bond markets more easily,” said MD & CEO KVS Manian, adding the bank won’t chase irrational pricing. “If pricing becomes irrational, we are willing to walk away,” he said.