SBI says net interest margins rise in Dec quarterPublished on Mon, Feb 13, 2012 at 14:52 | Source : Reuters Updated at Mon, Feb 13, 2012 at 15:31 160479 Investors following SBI. Share this News with them.
State-run State Bank of India , the country's biggest lender, reported a net interest margin of 4.05% in the December quarter, compared with 3.61% a year earlier. The bank said in November it expected the margin to remain in a 3.5-3.65% range in the current fiscal year ending in March. SBI beat market expectations with a 15 percent rise in third-quarter net profit to 32.6 billion rupees as interest income rose.
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