R M Malla, managing director and chief executive officer, PTC India Financial Services says the company‘s net interest margins (NIMs) continue to stand over 6 percent.
The Reserve Bank of India (RBI) is likely to introduce two years timeline for restructured assets to be classified as standard assets, sources told CNBC TV18. However, if the loan account slips even after the upgradation, it would be treated as restructured account again.
CNBC-TV18 has learnt that in FY12, SBI will make another Rs 4,000 crore provisioning, following the previous quarter's provisions. Only, this time, the profit may be a lot better, reports Vidhi Godiawala