PSBs to lag behind private banks in Q3 earnings

MUMBAI, JAN. 8: Stable margins, stronger loan growth and better asset quality will help private sector banks outperform public sector banks (PSBs) yet again in the third quarter, according to analysts.

For public sector banks, an additional provisioning of 0.75 per cent, as directed by the Reserve bank of India (RBI), is likely to impact the earnings this quarter, say analysts.

Read More >> Click here