Banks set for mixed Q2 as NIMs seen weakening
Analysts’ earnings-estimate analysis for India’s top banks points to mixed Q2 profitability, with net interest margins expected to weaken even as profits grow.
India’s banks are expected to post a mixed profitability performance in the second quarter of the current fiscal year, according to analysts and brokerage reports. An analysis of earnings estimates for the top five banks by gross advances — State Bank of India (SBI), HDFC Bank, ICICI Bank, Ba…