Pvt banks’ Q1 results to pep up market

Wednesday will see a host of private banks announcing their first quarter financial performance. Among these, results of Kotak Mahindra Bank will be keenly watched, as analyst views of the bank’s performance vary extremely. While some expect the bank to report a decline of about 4 per cent q-o-q, others foresee it reporting a profit of about 3 per cent. Apart for Kotak Bank, Federal Bank and South Indian Bank are also declaring their quarterly performance.