SBI Q2 results preview: Profit may rise upto 17%, provisions could shoot up

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SBI Q2 results preview: Profit may rise upto 17%, provisions could shoot up - Business Standard

Quick Summary:

Axis Securities expects NII growth (5 per cent Y-o-Y/0.7 per cent Q-o-Q) to be soft in Q2 FY25, with NIMs likely to witness marginal compression Q-o-Q.

Loan book, Nomura said, may rise 15 per cent Y-o-Y/3 per cent Q-o-Q to Rs 38.61 trillion, while Deposits could climb 9 per cent Y-o-Y/4 per cent Q-o-Q to Rs 50.97 trillion.

On the operational income side, SBI's Q2 FY24 net interest income (NII) stood at Rs 39,500 crore and Q1 FY25 NII was Rs 41,125.5 crore.NIMs were 3.2 per cent and 3.1 per cent for the respective quarters.