Net Interest Income (NII) is expected to increase by 18.6 percent Y-o-Y (up0.8 percent Q-o-Q) to Rs. 5,140.2 crore, according to Emkay.
KR Choksey has come with its September quarterly earning estimates for Banking sector. According to the research firm, asset quality of banks is likely to remain under pressure due to slowdown in economy activity, increased stress in mid and large corporate, policy paralysis and high interest rates.
Motilal Oswal has come with its September quarterly earning estimates for Financials sector. According to the research firm, banking coverage universe is expected to report healthy PAT growth of 19% YoY, largely driven by 23% YoY profit growth from private sector banks.
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