scorecardresearchGains in financials hinge on RBI policy but low base effect could boost growth: Report

Gains in financials hinge on RBI policy but low base effect could boost growth: Report

Updated: 07 Jul 2022, 12:49 PM IST
TL;DR.
The report pointed out that a low base effect could boost earnings and revenues in the first quarter of FY23 (Q1FY23) because Q1FY22 was affected by the second wave of Covid-19. The banking sector could continue to see the growth of over 15 percent year-on-year (YoY), said the BS report.
The report pointed out that a low base effect could boost earnings and revenues in the first quarter of FY23 (Q1FY23) because Q1FY22 was affected by the second wave of Covid-19. The banking sector could continue to see the growth of over 15 percent year-on-year (YoY), said the BS report.

The report pointed out that a low base effect could boost earnings and revenues in the first quarter of FY23 (Q1FY23) because Q1FY22 was affected by the second wave of Covid-19. The banking sector could continue to see the growth of over 15 percent year-on-year (YoY), said the BS report.