business

Andhra Bank expects net interest margin above 3.5% ahead

Andhra Bank has announced its fourth quarter results. R Ramachandran, Chairman, Andhra Bank says, the bank’s net interest margin (NIM) has been 3.8% for the year gone by. “We certainly will be able to hold 3.5%, we expect it to be certainly above 3.5%,” he adds.

first published: May 5, 2011 03:48 pm