SBI Q2 PAT may rise up to 98% QoQ, asset quality could improve: Analysts

SBI Q2 preview: SBI's NII is expected to grow less than 10 per cent both, yearly and sequentially, and may come in the range of Rs 32,681 crore to Rs 33.537.6 crore

SBI Q2 preview: Loan-loss provisions, and growth in other income will sway State Bank of India's (SBI's) net profit in the September quarter (Q2FY23), brokerages said. Estimates for PAT vary in the range of Rs 9,478 crore to Rs 12,063.6 crore, up 56 per cent to 98 per cent quarter-on-quarter (QoQ). This would be a yearly growth of up to 58 per cent.

Ahead of the results, the stock of the lender hit an all-time high of Rs 591 apiece on the BSE in Friday's intra-day trade. It has surged over 20 per cent so far this calendar year