Indian banks to witness surge in margins in FY23: Moody’s - Economic Times
6/27/2022 12:00:00 AM3 years 8 months ago
by ET Online
by ET Online
The widening of these margins can be attributed to recent interest rate hikes undertaken by the Reserve Bank of India (RBI) in order to tame inflation. In addition to that, higher policy rates and favorable funding structures might also contribute to the larg…
Indian banks might witness growth in net interest margins (NIMs) in the current financial year (FY23), revealed a report by Moodys Investor Service on Monday. NIM is the difference between the inter… [+1497 chars]
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