Expect Equitas Small Finance Bank full year NIM at 8.5%: PN Vasudevan

Equitas Small Finance Bank's MD & CEO, PN Vasudevan, expects the net interest margins (NIM) for the full year to be around 8.5%, with exit NIMs for the year projected to be around 8.25-8.3%. He stated that while there may be some pressure on the margin due to increased interest costs, the impact will be moderate as most old deposits have been repriced. The bank also anticipates continued growth of 25-30% in the coming years, supported by serving underserved segments and strong capitalization.

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