NIMs expands as assets gets reprised: Axis Bank’s Net interest
margins (NIMs) for Q2FY09 have expanded by 16 bps on qoq
basis and 23 bps on a yoy basis to 3.51%. The expansion in NIMs
is mainly on account of widening of spreads. Yield on advances
have increased by 28 bps, whereas cost of funds have increased
only by 5 bps on a yoy basis.

Download Axis+Bank+-+Khandwala

Axis+Bank+-+Khandwala - Get more Business Documents