Oct 20, 2016 09:12 AM IST | Source: CNBC-TV18

Yes Bank Q2 profit, net interest income seen up 24-26%

Private sector lender Yes Bank's second quarter profit is seen rising 26.2 percent year-on-year to Rs 770.1 crore, according to consensus estimates.

Private sector lender Yes Bank's second quarter profit is seen rising 26.2 percent year-on-year to Rs 770.1 crore, according to consensus estimates.

Net interest income, the difference between interest earned and interest expended, may jump 24.4 percent to Rs 1,379.4 crore in the quarter ended September 2016 compared with Rs 1,108.5 crore in year-ago period.

Key things to watch out for would be decision on QIP, loan growth, net interest margin and asset quality performance.

Analysts expect loan growth to be in the range of 25-30 percenet, and net interest margin to remain strong due to lower cost of funds & healthy loan growth.

Sections
Follow us on
Available On