Array
(
[direction] => 1
[market_status] => green
)Shailendra Bhandari, MD & CEO, ING Vysya Bank told CNBC-TV18 that he expects the base rate to likely go up by 25 bps. "Bank NIMs to be hit by 11 bps on savings rate hike while an increase in provisioning can lead to a hit of 10-15 bps," he adds.
first published: May 3, 2011 12:47 pm
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