đź’¨ Abstract

The Motilal Oswal report predicts a slight dip in profits for public sector banks (PSBs) in Q2 of FY25, with a 0.6% QoQ decline in Profit After Tax (PAT). This is due to flat net interest margins and increased loan loss provisions. However, a stronger YoY growth of 17.2% is expected.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io