State-owned lender Dena Bank recently announced its first quarter results for FY12 witnessing a jump in its net profit on a year-on-year basis. The bank registered net interest margin (NIMs) of 2.90% this quarter, and chairman and managing director DL Rawal is confident that the NIMs will stay at 3% by the end of March 2012.
In an exclusive interview to CNBC-TV18, Rawal says the bank will be contain their non-performing assets (NPAs) and is certain that the target of 30% credit growth is achievable. Below is an edited transcript of DL RawalDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
