"Most of the repricing (in deposits) has happened here in Q1 and a small amount of repricing will take place in Q2 also. Nevertheless, the deposit repricing in Q2 will be offset with advances (growth in high yield loan segments)...so if we look at 4.84% (NIM during Q1FY24) it will move up by may be 10 basis points (bps) in Q2 and thereafter it will inch up to 5%. Thereafter, it will keep improving," the MD said.
His comments come at a time when other large private and public sector banks have witnessed a slight moderation in their NIMs in Q1FY24. RBL Bank's NIM too moderated to 4.84% during Q1FY24 from 5.01% in Q4FY23.
On liabilities side, the bank is planning to grow its overall deposits by 18%-20% during the current fiscal by primarily focusing on granular deposits, the MD said. The bank's overall deposits rose 8% year-on-year (YoY) to ₹85,636 crore as of Juneend, of which low-cost current account and savings account accounted for ₹31,927 crore.
この記事は Financial Express Mumbai の July 25, 2023 版に掲載されています。
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この記事は Financial Express Mumbai の July 25, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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