The NIM saw an on-year improvement of 46 basis points (bps) to 3.3 per cent in the fourth quarter due to the faster repricing of loans, while deposit rates have not yet reflected the increased interest rates.
Banks' net interest margin rises 46 bps to 3.3% in Q4FY23 on slow deposit rate resetting: Report
livemint.com - 2 Jul 2023 17:21
The NIM saw an on-year improvement of 46 basis points (bps) to 3.3 per cent in the fourth quarter due to the faster repricing of loans, while deposit rates have not yet reflected the increased interest rates.
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