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VERIFIEDEconomic Times News·neutral

SBI bets on retail, MSME push to keep NIM above 3%

AI Summary
  • ·SBI aims to maintain net interest margins above 3% in FY27, driven by easing funding costs from deposit repricing.
  • ·Slower CASA deposit growth compared to credit expansion may necessitate reliance on costlier term deposits.
  • ·The bank plans to boost yields by accelerating growth in retail and MSME loans.
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