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Earnings preview: Bank profits to show steady rise despite provisions

Rise in stressed assets may not push bills for provisions as lenders maintain higher provision coverage ratio for few quarters

Topics
Banking sector | Q2 results | Credit offtake

Abhijit Lele  |  Mumbai 



Public sector banks, bank credit
Loan portfolio has witnessed gradual accretion all through Q2FY22, with signs of improvement in pockets.

Listed are likely to post over 20 per cent rise in profit in the second quarter (Q2) ended July-September 2021-22 (FY22) on improvement in collections and amid pressure of slippages and provisions bill, revealed analysts.

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First Published: Tue, October 12 2021. 06:07 IST

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