Provisions are expected to remain elevated but asset quality may be under control.
Private sector lender Yes Bank is expected to report healthy set of earnings in the quarter ended March 2017. Profit is seen rising 27.7 percent year-on-year to Rs 896.3 crore during the quarter.
Net interest income, the difference between interest earned and interest expended, may grow 28.6 percent to Rs 1,596.4 crore compared with Rs 1,241.4 crore in same quarter last fiscal, according to average of estimates of analysts polled by CNBC-TV18.
Key things to watch out for
Loan growth is expected at 25-30 percent levels.
Analysts expect net interest margin to remain at healthy levels due to low cost fund flow & fund raising of USD 640 million during the quarter.Provisions are expected to remain elevated but asset quality may be under control.The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .