India's largest lender the State Bank of India is likely to report an 11 percent year-on-year rise in its third quarter net profit at Rs 3,610 crore. Net interest income or the difference between interests earned and paid out, however may fall marginally by 1% to about Rs 11,360 crore, according to a poll estimate by CNBC Awaaz.
Axis Bank is likely to report a 20% year-on-year growth in its first quarter (April-June) net profit at about Rs 1,128 crore, according to a poll estimate by CNBC-Awaaz. The net interest income or the difference between interest earned and paid out is seen at Rs 2,138.51 crore, up more than 24% y-o-y.