Banking sector stress expected to drop following collection boost, income improves in Q2

The sample's NII rose sequentially for the second consecutive quarter to Rs 1.3 lakh crore compared with Rs 1.2 lakh crore in the previous quarter. NII had fallen sequentially by 2% to Rs 1 lakh crore in the March quarter following a nationwide lockdown in the last week of March to curtail the spread of the Covid-19 pandemic.

from Banking/Finance-Industry-Economic Times https://ift.tt/3eFTdaT