SBI Q3 net seen up at Rs 1348.63 cr

Its third quarter net interest income is seen up  7.04% from Rs 3961.3 crore to Rs 4229.86 crore.

SBI
Q3FY08
Net Profit (Consolidated)
Up 26.62% from Rs 1065.06 cr to Rs 1348.63 cr*
* CNBC-TV18 Estimates

SBI
Q3FY08
Net Interest Income (Consolidated)
Up 7.04% from Rs 3961.3 cr to Rs 4229.86 cr*
* CNBC-TV18 Estimates

SBI
Q3FY08
Total Income (Consolidated)
Up 11.52% from Rs 5762.36 cr to Rs 6426.3 cr*
* CNBC-TV18 Estimates

SBI
Q3FY08 Expectations
* Expect advances to grow at 25% & Deposits by more than 22%
* Core earnings to be under pressure on account of increased cost of funds due to aggressive mop of special interest rate retail deposits by the bank during 4QFY07 and 1QFY08
* Treasury profits can be significant from the equity book of the bank which can bring positive surprises