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PSBs eye better profit as NIMs stabilise

The Morning Standard

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November 20, 2025

STATE-run banks may see an improvement in earnings in the third and fourth quarters, as their biggest pain point—falling net interest margins (NIMs)—stabilised sequentially in the September quarter after three straight quarters of decline, even though margins remain lower year-on-year.

- BENN KOCHUVEEDAN @ Mumbai

The outlook, however, hinges on the Reserve Bank refraining from springing a downside surprise with another repo rate cut next month.

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