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Banks likely to post 36.3% rise in Q3 net profit at Rs 38,153 crore

The bad loans saw a dip in Q2, both in absolute and percentage terms. The trend is likely to prevail in Q3

Banks | Q3 results | asset quality review

Abhijit Lele  |  Mumbai 

The income from the treasury (investments) is a crucial item for the bottom line and the hardening of yields could limit their contribution to income

The listed are likely to post a 36.3 per cent year-on-year (YoY) rise in net profit at Rs 38,153 crore for the December quarter (Q3FY22), helped by a lower provisioning burden for stressed loans.



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First Published: Wed, January 12 2022. 06:05 IST