Expect Some Elevated Slippages From SBI In Q4: Lalitabh Srivastava, Sharekhan
  • WebDesk BTVI
  • May 10 2019

Lalitabh Srivastava, AVP research, Sharekhan, said he expects some elevated slippages from SBI in the fourth quarter. According to him, aggressive NPA recognition cycle is nowhere close to finishing. He said SBI's Q4 provision and asset quality numbers might be on a higher side, and he expects the bank’s Q4 net interest margins (NIMs) to be flat. He currently has a ‘buy’ rating on SBI, and will reassess ratings post earnings.