Private banks' profit margins soar in Q2 | Economic Times

Private banks' profit margins soar in Q2 https://ift.tt/KULh7Ty Bank reported a 31-basis-point increase in NIM to 4.31% in the September quarter from a year earlier. NIM is the difference between the yield a bank earns on loans and the interest it pays on deposits, and is considered a key matrix to judge bank profitability. One basis point is 0.01 percentage point.