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Brokerages raise target price on this 'best-performing' bank stock

Updated : January 27, 2020 02:28 PM IST

Jefferies believes that the bank has a strong balancesheet and is well placed in tough macro-economic conditions.
The net interest income (NII) increased by 24 percent YoY to Rs 8,545 crore in Q3FY20 from Rs 6,875 crore in Q3FY19.
Net interest margin was at 20 quarter high of 3.77 percent in Q3FY20 compared 3.40 percent in Q3FY19.
Brokerages raise target price on this 'best-performing' bank stock

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