Expect only a marginal rise in cost of funds: Bharat Pareek, DHFL
Bharat Pareek, Senior Vice-President and head (Treasury), DHFL, says the NBFC is looking to keep net interest margin (NIM) at 2.9-3.1 per cent sustainably in the long term. Ahead of DHFL's Rs 12,000-crore NCD issue on May 22, Pareek told Amit Mudgill of ETMarkets that he sees a jump in cost of funding, but only marginal.
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