How SBI is steadily catching up with HDFC Bank in the margin race
The difference between the net interest margins (NIMs) of India’s largest lender and its largest private lender has shrunk consistently over the years, data analysed by Mint showed.
The difference between the net interest margins (NIMs) of India’s largest lender and its largest private lender has shrunk consistently over the years, data analysed by Mint showed.
This is a Mint Premium article gifted to you.
Subscribe to enjoy similar stories.
State Bank of India (SBI) has narrowed the gap with rival HDFC Bank in a key profitability metric over time, even as the latter limps back from the impact of a mega-merger three years ago.
About the Author
Shayan leads the coverage for banking and finance in Mint. Based in Mumbai, he has spent 15 years as a journalist, joining the Mint team in 2018. Over the years, he has tracked the Reserve Bank of India (RBI), commercial banks, and the complex world of shadow banking.<br><br>His expertise goes beyond just reporting news, and he specializes in explaining the "why" behind India’s financial shifts.
Shayan has covered major milestones in the industry, including the rollout of the Insolvency and Bankruptcy Code (IBC), mergers in the banking and non-banking space, and the many challenges facing the country's credit markets. He has tracked cases of wrongdoings at India’s private sector banks and murky boardroom battles, trying to get behind the scenes.<br><br>Shayan is driven by a commitment to accuracy and clear, honest reporting.
He believes in making finance easy to understand, ensuring his readers and investors stay informed about the forces shaping their money. When not at work, he tries to hone his amateurish photography skills, read fiction, and listen to music. You can follow his work and updates on LinkedIn and Twitter/X.
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Topics
Source: Mint Companies
Disclaimer: This article is for general information and does not constitute investment, tax or legal advice. Markets and rates change; please verify with official sources or a qualified professional before you act.
