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Banks' financials may improve in Q3

In the same quarter a year before, most of them had reported a dismal performance

Nupur Anand  |  Mumbai 

Banks are likely to report better results in the October-December quarter of this financial year, primarily with the base effect from last year.   In the same quarter a year before, most of them had reported a dismal performance, with an increase in bad loans and provisioning after the Reserve Bank-ordered Asset Quality Review.   “We expect the performance in the third (December) quarter to have a favourable impact on banks with corporate loans, as compared to retail (referring to individual borrowers) assets. We see earnings growth of 100 per cent year on ...

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Banks' financials may improve in Q3

In the same quarter a year before, most of them had reported a dismal performance

In the same quarter a year before, most of them had reported a dismal performance Banks are likely to report better results in the October-December quarter of this financial year, primarily with the base effect from last year.   In the same quarter a year before, most of them had reported a dismal performance, with an increase in bad loans and provisioning after the Reserve Bank-ordered Asset Quality Review.   “We expect the performance in the third (December) quarter to have a favourable impact on banks with corporate loans, as compared to retail (referring to individual borrowers) assets. We see earnings growth of 100 per cent year on ... image
Business Standard
177 22

Banks' financials may improve in Q3

In the same quarter a year before, most of them had reported a dismal performance

Banks are likely to report better results in the October-December quarter of this financial year, primarily with the base effect from last year.   In the same quarter a year before, most of them had reported a dismal performance, with an increase in bad loans and provisioning after the Reserve Bank-ordered Asset Quality Review.   “We expect the performance in the third (December) quarter to have a favourable impact on banks with corporate loans, as compared to retail (referring to individual borrowers) assets. We see earnings growth of 100 per cent year on ...

image
Business Standard
177 22