Allahabad Bank Q2 PAT may dip 21% at Rs 185cr: Kotak Sec
Net interest income of Allahabad Bank are expected to decrease by 5.2 percent Q-o-Q (up 5.9 percent Y-o-Y) to Rs 1,243.2 crore.
October 30, 2013 / 16:50 IST
Kotak Securities has come out with its second quarter (July-September) earnings estimates for the banking sector. The brokerage house expects Allahabad Bank to report a 55.3 percent degrowth quarter-on-quarter (down 21.1 percent Y-o-Y) in net profit at Rs 184.7 crore.
Net interest income of Allahabad Bank are expected to decrease by 5.2 percent Q-o-Q (up 5.9 percent Y-o-Y) to Rs 1,243.2 crore, according to Kotak Securities.Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
