Brokerages see healthy Q2 earnings for ICICI, HDFC, SBI, Axis
In short
Brokerages expect ICICI Bank, HDFC Bank, SBI and Axis Bank to post healthy Q2FY27 earnings growth. The support comes from strong loan demand and more deposits, according to the summary.
This matters because bank margins could still come under pressure if FCNR-B inflows stay high and low-cost deposits stay weak. The reporting does not give actual results or a buy recommendation.
What the reporting says
Brokerages are expecting ICICI Bank, HDFC Bank, SBI and Axis Bank to report healthy Q2FY27 earnings growth, according to a Mint Markets summary. The report says strong loan demand and deposit mobilisation are supporting the outlook, while FCNR-B inflows and weak low-cost deposit growth may pressure private-bank margins. No earnings numbers or actual results were stated in the available reporting.
Why it matters
Brokerages are looking for healthy Q2FY27 earnings growth across ICICI Bank, HDFC Bank, SBI and Axis Bank, helped by loan demand and deposit mobilisation. At the same time, the summary warns that FCNR-B inflows and subdued low-cost deposit growth could squeeze private-bank margins. The note is forward-looking and does not provide actual earnings, but it frames the margin risk for private lenders.