Banks earnings to average in Q3 on weaker margins, rise in opex
Earnings of banks are seen moderating to 15-18 per cent in Q3 of the present monetary 12 months on the again of weaker margins and decrease pre-provisioning working earnings because of elevated working expenditures, worker wage prices, and price of funds. “We count on banks to report muted working revenue development in Q3FY24, on … Read more