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Bandhan Bank Q1 Net Profit seen up 30% YoY to Rs. 627.1 cr: Kotak

Net Interest Income (NII) is expected to increase by 34 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 1,386.2 crore, according to Kotak.

July 11, 2019 / 04:41 PM IST
 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Banks/Diversified Financials sector. The brokerage house expects Bandhan Bank to report net profit at Rs. 627.1 crore up 30% year-on-year (down 4% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 34 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 1,386.2 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 36% Y-o-Y (down 3 percent Q-o-Q) to Rs. 1,118.9 crore.


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