BusinessIndian Banks Expected to Report 19.6% Profit Growth in Q2FY27
Indian banks are projected to report a 19.6% year-on-year growth in net profit to ₹1 trillion in Q2FY27, driven by lower credit costs, steady topline growth, and robust fee income. Private sector banks are expected to outperform public sector banks with a 23.2% profit rise. However, net interest margins may be pressured by large FCNR(B) deposit inflows, while sequential profit growth is nearly flat.
Business Standard·



