SBI Q2 preview: Profit estimated to rise just 3% YoY on marginal loan growth and increased expenses
Furthermore, analysts see the bank posting only a marginal uptick in loan growth for the reporting quarter at 13 per cent as against 12 per cent logged in the same period last year.
Analysts also pointed out that PPOP, or pre-provision operating profit, at the lender, will be reduced due to reduced Treasury income during the quarter.(Image credit: IANS)