Motilal Oswal has come out with its third quarter (October-December’ 20) earnings estimates for the Banks and Insurance sector. The brokerage house expects Bank of Baroda to report net profit at Rs. 211.3 crore (down 87.4% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 0.4 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs. 7,157.2 crore, according to Motilal Oswal.
Pre Provision Profit (PPP) is likely to rise by 7.8% Y-o-Y (down 3.8 percent Q-o-Q) to Rs. 5,343.2 crore.
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