Punjab National Bank Q1 profit seen up 17% at Rs 359 cr; asset quality, loan growth key

Analysts said if slippages come below Rs 6,000 crore, loan growth in double digits, and improvement in net interest margin & gross non-performing assets then that will be positive.

August 02, 2017 / 08:13 IST

Public sector lender Punjab National Bank's first quarter profit is expected to increase 17.1 percent to Rs 358.9 crore compared with Rs 261.9 crore in same quarter last year.

Net interest income, the difference between interest earned and interest expended, may grow 3 percent year-on-year to Rs 3,809.4 crore, according to average of estimates of analysts polled by CNBC-TV18.

Analysts said if slippages come below Rs 6,000 crore, loan growth in double digits, and improvement in net interest margin & gross non-performing assets then that will be positive.

Management commentary on capital raising via equity or non-core assets will be seen closely.

first published: Aug 1, 2017 05:08 pm

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