MUMBAI: The larger private sector lender ICICI Bank expects its domestic net interest margin ( NIM ) to be stable in the March at around 3.50 per cent, a senior official has said. "On the NIM, we think, for Q4 it will be at around the same levels (of the December quarter when it stood at 3.53 per cent)," chief financial officer NS Kannan told PTI in reply to a specific query on domestic margins.In the December quarter performance announced last week, the bank had reported a domestic NIM of 3.53 per cent. "The domestic loan growth outlook will always be higher than international growth outlook. "For FY19, one has to look at when the Ind AS will be implemented. The RBI circular continues to say it will be implemented from this April.

Source: Economic Times February 04, 2018 04:30 UTC