Country’s largest lender State Bank of India’s Q3 standalone Profit is seen falling 29 percent year-on-year to Rs 1,853. 7 crore, compared to Rs 2,610 crore in year-ago
Net interest income, the difference between interest earned and interest expended, may grow 23.1 percent to Rs 18,152.7 crore for quarter ended December 2017 compared to Rs 14,751.5 crore in same quarter last year, according to average of estimates of analysts polled by CNBC-TV18.
On sequential basis, profit may increase 17.2 percent and NII is seen falling 2.3 percent.
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