SBI Q2 preview shows profit decline despite Yes Bank gains
market hours1 source ↓written by the desknot a recommendation
- despite
- 12% loan growth
State Bank of India (SBI) is projected to report a net profit of ₹17,523 crore for Q2, down over 4% year-on-year. This decline is attributed to NIM compression, despite 12% loan growth. However, strong treasury gains from the Yes Bank stake sale are expected to cushion the impact on margins. 📉📈
Not investment advice. For informational purposes only.