Net Interest Income (NII) is expected to increase by 36 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 753.4 crore, according to Kotak.
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Banks/Diversified Financials sector. The brokerage house expects RBL to report net profit at Rs. 250.2 crore up 32% year-on-year (up 1% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 36 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 753.4 crore, according to Kotak.
Pre Provision Profit (PPP) is likely to rise by 28% Y-o-Y (down 1 percent Q-o-Q) to Rs. 555 crore.
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Read MoreFirst Published on Jul 11, 2019 02:07 pm
