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From The Economic Times

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PNB Housing sees 5-8 bps NIM gain from RBI rate hike, says CEO Ajai Shukla

PNB Housing sees 5-8 bps NIM gain from RBI rate hike, says CEO Ajai Shukla

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PNB Housing Finance anticipates a minor enhancement in net interest margin due to the Reserve Bank's recent rate hike. The lender's margin improvement is expected to be between 5 to 8 basis points and will benefit customers through cheaper loans. The company is also experiencing positive demand…

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