IIFL report forecasts strong earnings rebound for banks
after close1 source ↓written by the desknot a recommendation
- to achieve
- 21% CAGR
- growth
- 14% CAGR
- to reach
- 18% CAGR
India's banking sector is poised for a strong earnings rebound in FY27-28, as per an IIFL Capital report. Private banks are projected to achieve a 21% CAGR, while public-sector banks (PSBs) may see 14% CAGR growth. This recovery stems from improved loan growth and higher net interest margins (NIMs). 📈
The overall sector is expected to reach an 18% CAGR, marking a significant turnaround from FY26's muted profitability. Traders should watch for potential market movements as these earnings trends unfold.
Not investment advice. For informational purposes only.