Banks need to operate on lower net interest margins for the good of the economy, an official of State Bank of India said on Monday.Speaking at a webinar organised by MCCI, deputy managing director V S Radhakrishnan said lenders must develop the capability to function with NIMs less than the existing 3-3.5 per cent range.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3A8AUVN
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