Federal Bank Maintains Guidance for 5-6 Bps NIM Improvement
Federal Bank expects net interest margin to improve by a further 5-6 basis points after a strong second quarter. It is looking to gold loans, credit cards, loans against property and commercial vehicle financing to drive growth.
Federal Bank is looking to gold loans, credit cards, loans against property and commercial vehicle financing to drive growth, as the lender expects its net interest margin (NIM) to improve further after a strong second quarter.The bank expects a further improvement of 5-6 basis points in NIM and ha…