Rural Electrification Corporation (REC), is to announce its fourth quarter FY11 results. According to CNBC-TV18's estimates, the company's net interest income (NII) is seen up 26% at Rs 905 crore versus Rs 717 crore.
Its PAT is seen up 21% at Rs 680 crore versus Rs 561 crore. Other expectations Loan growth: 21% Margins could fall by 15-20 bps due to higher cost of funds Cost of funds should remain under control due to: Raised rates by 50bps in 4QFY11 Raised ECBs worth $500 mn in Jan 2011Discover 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!
