Report
Indian banks' net profit may rise 25.4% year over year in Q2 FY27
The Economic Times carries ANI's report that Emkay expects foreign-currency deposits to pressure margins before a gradual second-half recovery.
TLDR
ANI reports in The Economic Times that Emkay Research forecasts a 25.4% year-over-year rise in Indian banks' net profit for the July–September quarter of FY27. Emkay expects healthy loan growth and lower provisions for potential loan losses to support profits. It says an influx of foreign-currency deposits may compress lending margins before they gradually recover in the second half of the financial year.
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