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Axis Bank and Yes Bank to announce Q4 numbers; here's what SBICAP Securities expects

Updated : April 26, 2018 10:41:03 IST

Krishnan ASV of SBICAP Securities shared his views and expectation from Axis Bank and Yes Bank’s Q4 numbers.

Krishnan ASV said that we expect corporate stress pool of about Rs 180 billion and we think that will dissolve over the next three quarters.

“We believe a large part of that will come through in March. There is no precise number that I would be tracking but we are looking at where the stress is originating from,” he added.

He further said that we expect slippage of Rs 7,500 crore for Axis Bank in Q4 of FY18. Talking about Yes Bank, he said we expect credit cost for Yes Bank to remain elevated as they have to catch up.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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