HomeNewsBusinessEarningsNIM, spread likely to improve in FY13: PFC
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NIM, spread likely to improve in FY13: PFC

Satnam Singh, CMD of PFC said net interest margin and spread are also likely to improve in the next financial year with RBI putting a full stop on lending rates.

February 06, 2012 / 17:47 IST
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Power Finance Corporation reported a net profit of Rs 1,108 crore in the October-December quarter of FY12, a massive growth of 68% as compared to Rs 659 crore in a year ago quarter.

Growth in bottomline was led by strong forex gain. Commenting on the results, Satnam Singh, CMD of PFC said that the company
TAGS: #Power Finance Corporation #Results Boardroom #Satnam Singh
first published: Feb 6, 2012 02:47 pm

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