Country's largest lender State Bank of India (SBI) is likely to show a 30.5 percent degrowth in second quarter profit Rs 2,697 crore compared with year-ago period.
According to average of estimates of analysts polled by CNBC-TV18, net interest income is seen rising 3 percent to Rs 14,683.8 crore on yearly basis.
Key things to watch out for in Q2 numbers would be slippages from its watchlist & restructured book and recovery from non-performing assets. Commentary on consolidation of associate banks will also be closely watched.
Analysts say if slippages come below Rs 11,000 crore (against Rs 10,797 crore in Q1), gross non-performing assets below 7.5 percent (6.94 percent in Q1) and net interest margin above 2.8 percent (2.83 percent in Q1) then that will be considered positive.
Watchlist in June quarter was at Rs 31,000 crore and slippages from that watchlist was at Rs 2,947 crore while the restructured book was at Rs 36,551 crore.
Healthy treasury income is likely during the quarter due to fall in bond yields.
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