BoM NIM Set To Cross 4% As MD Says Bank Sees 4-5 Bps NIM Improvement For Every 25 Bps RBI Rate Hike
CNBC-TV18 · 27 Oct 2026 · 12 min
Management interview of Bank of Maharashtra (MAHABANK), with 11 key numbers discussed.
- Nidhu Saxena, MD & CEO, Bank of Maharashtra
Bank of Maharashtra's MD & CEO Nidhu Saxena highlighted that with 47% of its portfolio linked to external benchmarks, every 25 bps RBI rate hike expands NIM by 4-5 bps, positioning margins toward 4%. Domestic credit grew 23% YoY, supported by GIFT City operations reaching USD 2bn. Agri loan expansion remains secured largely by gold loans, and asset quality continues to improve with GNPA falling to 1.25%. The bank has proactively set aside Rs 7.5bn for expected credit loss provisioning and expects 18% credit growth.