SBI Q1 results: This PSB may report flat earnings on August 3. Details here

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SBI Q1 results: This PSB may report flat earnings on August 3. Details here - Business Standard

Quick Summary:

ICICI Securities expects SBI to sustain around 16 per cent YoY loan growth at Rs 37.52 trillion, though it would be soft at less than 2 per cent on a Q-o-Q basis.

Recovery/upgrades as well as write-offs, it said, are likely to be lower due to usual seasonality with most of the recovery/upgrades likely granular in nature."However, despite seasonal pressure on NIM/slippages, we estimate SBI to deliver strong return on asset (RoA) at 1.1 per cent for the quarter," ICICI Securities added.

NII growth could be soft (up 8.7 per cent Y-o-Y/1.5 per cent Q-o-Q) at Rs 42,300 crore, with NIMs likely compressing marginally.