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Confident of maintaining NIM at the current level, says RBL Bank MD & CEO

RBL Bank's MD and CEO R Subramaniakumar talks to Subrata Panda and Bhaskar Dutta about the lender's margins, loan growth, and asset quality

RBL Bank, MD & CEO, R Subramaniakumar
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RBL Bank, MD & CEO, R Subramaniakumar

Subrata PandaBhaskar Dutta
After RBL Bank declared its December quarter earnings, its Managing Director and Chief Executive Officer R Subramaniakumar talked to Subrata Panda and Bhaskar Dutta about the lender’s margins, loan growth, and asset quality.  Edited excerpts:

Your net interest margin (NIM) has expanded to 4.74 per cent in Q3 from 4.55 per cent in the July-September quarter. Would we see any compression in margins going forward due to high deposit rates?
 
If you look at the business model, we have around 42-43 per cent of advances as fixed costs. We were lagging in the microfinance areas, but we have been growing now
Topics : RBL Bank

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First Published: Jan 20 2023 | 10:07 PM IST

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