HDFC Bank's third quarter profit may jump 20.6 percent year-on-year to Rs 2,804 crore, according to the average of estimates of analysts polled by CNBC-TV18.
Net interest income, the difference between interest earned and interest expended, is seen rising 23.7 percent to Rs 5,733 crore during October-December quarter from Rs 4,635 crore in same quarter last fiscal.
Analysts feel NII growth may exceed loan growth that is expected around 20 percent for the quarter. Net interest margin may remain flat on sequential basis at around 4.4-4.5 percent.
Overall, analysts expect steady performance to continue during the quarter.
Provisions for bad loans need to be closely watched as that spiked up 18 percent Y-o-Y in Q2 to Rs 456 crore. Asset quality is expected to be maintained.
Commentary on HDFC Bank's fund raising will also be watched out.
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