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Karur Vysya Bank Q2 profit seen up 8%, NII may grow 12%

Private sector lender Karur Vysya Bank's second quarter profit is seen rising 7.9 percent year-on-year to Rs 153.4 crore and net interest income may grow 12.2 percent to Rs 490.9 crore, according to analysts polled by CNBC-TV18.

October 26, 2016 / 12:03 IST
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Private sector lender Karur Vysya Bank's second quarter profit is seen rising 7.9 percent year-on-year to Rs 153.4 crore and net interest income may grow 12.2 percent to Rs 490.9 crore, according to analysts polled by CNBC-TV18.

Key things to watch out for would be loan growth and asset quality.

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Analysts say if loan growth comes at 8-10 percent, gross non-performing assets come below 2 percent (1.79 percent in Q1) and slippages below Rs 240 crore (Rs 238 crore in Q1) then that will be positive.

first published: Oct 26, 2016 12:03 pm

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