Sharekhan
During the quarter, net interest income (NII, Calculated) increased by 19.3% y-o-y to Rs. 3,161.1 crore backed by loan growth of 12.1% y-o-y. Net interest margin (NIM, including income on loans sold) was stable at 3.30% y-o-y; however, it was down by 20BPS q-o-q. Interest spread improved to 2.30% (up by 4 BPS q-o-q) mainly benefitted by PLR hikes that the...
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