Public sector lender Bank of India is expected to post a loss of Rs 305.5 crore in July-September quarter against loss of Rs 1,126 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18.
Net interest income, the difference between interest earned and interest expended, may decline 4.4 percent year-on-year to Rs 2,888 crore in the quarter ended September 2016.
Key things to watch out would be slippage from restructured book, treasury income and loan book during the quarter.
Analysts say if slippages come below Rs 6000 crore (Rs 6,233 crore in Q1) and gross non-performing assets below 13.75 percent (13.4 percent in Q1) then that will be positive.
Loan book is expected to decline due to curb in international operations while treasury income may boost topline, though the majority was recognised in Q1.
Standard restructured book in Q1 was at Rs 11,496 crore and SMA 2 book at Rs 12,979 crore.
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