Margin squeeze to dent banks’ Q1 profits, loan growth may offer silver lining

July 10, 2024

Banks’ Q1 profits face headwinds: Emkay Global predicts a sluggish 4% growth in pre-provisioning operating profits for the June quarter. This slowdown, affecting private lenders most, is attributed to shrinking margins and rising operational costs.

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BlackBuck gets Buy rating as Ambit sees strong growth ahead, values stock at Rs 885

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FIIs and DIIs place big bets on State Bank of India — Analysts see about 20% rally ahead

Investors are showing renewed confidence in State Bank of India. Both foreign and domestic institutions are raising their stakes. SBI reported strong earnings momentum. Analysts

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