Lenders likely to post robust Q4 numbers; PSU banks profit may touch record high of Rs 1 lakh cr in FY23
PNB's net profit for the third quarter was down 44 per cent to Rs 628 crore due to higher provisioning. SBI recorded the highest net profit of Rs 14,205 crore, an increase of 68 per cent.However, Saha said, there would be pressure on the net interest margin of all banks due to rising deposit rates and a decline in current accounts and savings accounts (CASA)
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