Confident of maintaining NIM at the current level, says RBL Bank MD & CEO

RBL Bank's MD and CEO R Subramaniakumar talks to Subrata Panda and Bhaskar Dutta about the lender's margins, loan growth, and asset quality

After RBL Bank declared its December quarter earnings, its Managing Director and Chief Executive Officer R Subramaniakumar talked to Subrata Panda and Bhaskar Dutta about the lender’s margins, loan growth, and asset quality.  Edited excerpts:

Your net interest margin (NIM) has expanded to 4.74 per cent in Q3 from 4.55 per cent in the July-September quarter. Would we see any compression in margins going forward due to high deposit rates?
 

If you look at the business model, we have around 42-43 per cent of advances as fixed costs. We were lagging in the microfinance areas, but we have been growing now