Indian banks' NIMs may narrow 10-20 bps in next two years: Fitch Ratings

Fitch Ratings predicts a 10-20 basis point narrowing of Indian banks' net interest margins (NIMs) over the next two years due to increased competition for deposits, leading to higher funding costs. Fitch expects banks' earnings to remain resilient, driven by net interest income, although the compression in NIMs could restrict their medium-term earnings potential. Read The Rest at :