Public sector banking giants – State Bank of India (SBI) and Bank of Baroda (BoB) – are to set to report their December quarter earnings (Q3FY22) on Saturday, February 5.
According to analysts, SBI can see continued traction in their operating performance, supported by modest business growth and a gradual reduction in provisions, while BoB may see a weak Q3 earnings show. On the other hand, an increase in bond yields could impact treasury performance. Slippage is likely to subside, which would support the asset quality performance, they say.
On the bourses, the stock of SBI and BoB have outperformed