Banking, financial services and insurance (BFSI) space witnessed IL&FS default, spike in short term rates, tightening liquidity and some uptick in credit demand, says HDFC Securities
Public sector banks
- Rs 400 cr – Profit after tax State Bank of India may post
- 13% – SBI's core earnings may grow on-year (down 4% QoQ)
- 14.3% – Aggregate rise in net interest income (NII)
Private sector banks
- 12.1% – Aggregate rise in NII
- 27.7% – Rise in adjusted profit after tax (APAT)
Small finance banks
Non-banking financial companies (NBFCs)
- 15.4% – NBFCs' NII would rise on-year
- 15.3% – Ebitda would rise
- 42.8% – Jump in APAT
Life Insurance
- 8% – Fall in ICICI Pru's annual premium equivalent (APE) H1FY19
- 9% – SBI Life's APE to grow