Motilal Oswal has come out with its third quarter (October-December’ 21) earnings estimates for the Banks sector. The brokerage house expects Max Financial Services to report net profit at Rs. 172.1 crore up 31.7% year-on-year (up 142.5% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 14.2 percent Y-o-Y (down 0.8 percent Q-o-Q) to Rs. 5,285.7 crore, according to Motilal Oswal.
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