Private sector lender Kotak Mahindra Bank's third quarter profit on standalone basis is expected to rise 27.3 percent year-on-year to Rs 808.1 crore, according to average of estimates of analysts polled by CNBC-TV18.
Net interest income, the difference between interest earned and interest expended, may grow 14.2 percent to Rs 2,016.1 crore in the quarter ended December 2016 against Rs 1,766.2 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18.
Key things to watch out for would be net interest margin, loan growth (12.9 percent in Q2) and asset quality.
Analysts say if net interest margin in Q3 comes above 4.3 percent (against 4.47 percent in Q2) and gross non-performing assets below 2.6 percent (2.49 percent in Q2) then that will be positive.
According to them, low cost deposit flow may be strong for the bank, especially after demonetisation.
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