Despite the headwind of repo rate cuts, Federal Bank achieved a 15 basis points quarter-on-quarter (QoQ) improvement in its Net Interest Margins (NIMs) from the previous quarter. Thakkar attributed this to three primary factors.
Despite the headwind of repo rate cuts, Federal Bank achieved a 15 basis points quarter-on-quarter (QoQ) improvement in its Net Interest Margins (NIMs) from the previous quarter. Thakkar attributed this to three primary factors.