The Economic Times

Indian banks' Q2FY27 earnings seen rising 11%; FCNR deposits may weigh on margins: Kotak

Indian banks are projected to see an 11 percent year-on-year growth in earnings for the second quarter of FY27. The report anticipates that private sector banks will perform better than public sector banks during this period. Deposit growth is supported by significant FCNR inflows, which may temporarily decrease net interest margins. The outlook for asset quality remains stable, with no major signs of deterioration reported.