Indian banks see profit growth amid rising loan demand
Indian banks expect steady profit growth for the March quarter as loan demand offsets treasury losses. Private lenders lead gains thanks to liquidity support.
Xurve View
Insights:
Xurve View
Banking institutions across India are projected to deliver a period of steady profit expansion for the final quarter of the fiscal year, supported by robust credit demand and sufficient liquidity buffers. According to aggregate estimates from several major brokerages, private sector lenders are anticipated to see year-on-year profit growth between 8% and 12%. In contrast, state-run banks are expected to maintain a more conservative growth trajectory of approximately 2%, continuing a trend observed over the previous two quarters.
