Moneycontrol PRO
Loans

business

Bank of Baroda expects to maintain NIMs around 3.6%

State-run Bank of Baroda reported a jump of 42.8% at Rs 1,294 for quarter-ended March 2011 compared to Rs 906 for same period last year. He says, net interest margins may see further 5-10 bps impact. “I think NIM of around 3.6% is still a good margin to maintain,” he adds.

first published: Apr 29, 2011 01:00 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347