IDBI Bank June quarter loan growth at 15%: CMD

IDBI Bank June quarter loan growth at 15%: CMD
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First Published: Fri, Jul 10 2009. 01 31 PM IST
Updated: Fri, Jul 10 2009. 01 31 PM IST
Kolkata: State-run IDBI Bank expects its April-June loans may have risen 15% on year and deposits at 20%, chairman and managing director Yogesh Agarwal said on Friday.
Net interest margins for the June quarter may come in at 0.8% and margins for 2009-10 is expected at 1%, he told reporters after a banking conference.
The bank has applied before Reserve Bank of India for permission to set up a private equity venture, he added.
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First Published: Fri, Jul 10 2009. 01 31 PM IST