SBI Q2 Preview: Net Interest Income Expected To Rise 11-13%

Business Standard Markets · stocks

State Bank of India's net interest income (NII) is projected to grow between 11-13% year-on-year in the September quarter, driven by strong loan growth. Margins are expected to remain steady due to lower FCNR(B) flows. Analysts anticipate additional income from stake sales in SBI Mutual Fund and NSE, which could bolster provision buffers. While NII growth is anticipated, profit trajectory forecasts vary among analysts, with some expecting it to remain unchanged and others predicting up to a 25% rise.