Net Interest Income (NII) is expected to increase by 6 percent Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 595.4 crore, according to Kotak.
Kotak has come out with its third quarter (October-December’ 18) earnings estimates for the Banks & Diversified Financials sector. The brokerage house expects Karur Vysya Bank to report net profit at Rs. 68.3 crore down 4.4% year-on-year (down 18.4% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 6 percent Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 595.4 crore, according to Kotak.
Pre Provision Profit (PPP) is likely to rise by 5.3% Y-o-Y (up 22.7 percent Q-o-Q) to Rs. 443.5 crore.
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