Bank profits may rise 25% in Q2FY27, margins to recover gradually in second half: Report

AI Summary

Indian banks could post a 25.4% year-on-year increase in net profit in the July–September quarter of FY27. The report expects margins to recover gradually in the second half, despite banks facing higher deposit costs.

New Delhi: Indian banks could report a 25.4 per cent year-on-year rise in net profit in the July-September quarter, even as higher deposits raised through...