Net Interest Income is expected to increase by 0.7 percent Q-o-Q (down 8.2 percent Y-o-Y) to Rs 637.2 crore, according to Centrum.
We expect the bank to report QoQ improvement in NII. On a YoY basis, NII though is expected to decline 8% YoY. We expect the bank to continue focusing on its home state while withdrawing from the rest of India region.
