Bank of India net grows five fold to Rs 541 crore

The lender’s net interest margins (NIMs) contracted by 8 basis points (bps) sequentially and 49 bps YoY to 2.58%. “By March end this year, we aim at NIM of 2.75% on the back of volume- led growth.” Das said.

from Banking & Finance – The Financial Express https://ift.tt/3d3Q2L8