SBI Q3 preview: High wage bill to impact net profit; anticipate muted NII growth.
SBI Q3 preview: Nomura predicts a significant 26% year-on-year decline in core operating profit for the third quarter. Key factors to watch include discussions on unsecured loan growth, capital adequacy, and the momentum of the loan book. SBI is expected to report subdued earnings in the third quarter, primarily attributed to increased operating expenses resulting…