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Net interest margin to fall, Bank of Baroda can look to upsize treasury, wealth businessAI summary· NEUTRAL
- ·Bank of Baroda expects its net interest margin to decline this fiscal due to sticky deposit rates and limited lending rate hikes.
- ·The bank plans to increase fee income to mitigate the impact of tighter margins.
- ·Bank of Baroda is establishing a new primary dealership business to support its debt capital market expansion.