Banking Q3 Results Preview – Operating Trends Likely To Continue: ICICI Securities

Banking Q3 Results Preview – Operating Trends Likely To Continue: ICICI Securities

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.We see Q3 FY24 emulating recent trends in terms of healthy loan growth and moderation in net interest margin QoQ, leading to soft net interest income QoQ, while elevated opex should also keep Pre-provision operating profit muted QoQ.On a QoQ/YoY basis, we estimate NII and profit after tax of private banks under our coverage (excluding Housing Development Finance Corporation Bank)…
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Source: https://www.ndtvprofit.com/amp/research-reports/banking-q3-results-preview-operating-trends-likely-to-continue-icici-securities