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Indian Bank's cost of deposits may rise 5-10 bps in coming quarters, says CEO SL Jain

Jain said the bank had an impact of 6 bps on the net interest margins due to penal interest norms of the Reserve Bank of India.
Central Bank aims to cap net NPA at 1% for FY12

MV Tanksale, chairman and managing director of the bank, is confident of maintaining NIM at 3% for FY12 and capping NPA at 1%.

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