Emkay Global Financial Services has come out with its October-December quarter earnings estimates for the banking space. The brokerage house expects Allahabad Bank to report a 29.9 percent growth quarter-on-quarter (up 15.3 percent Y-o-Y) in net profit at Rs 358.4 crore.
Net interest income of the company is expected to rise by 0.7 percent Q-o-Q (down 0.9 percent Y-o-Y) to Rs 1,318.2 crore, according to Emkay Global Financial Services.
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