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Loan growth can be maintained at 30% in corporate portfolio, says RBL Bank

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Loan growth can be maintained at 30% in corporate portfolio, says RBL Bank

Loan growth can be maintained at 30% in corporate portfolio, said Vishwavir Ahuja, MD and CEO of RBL Bank, after bank's Q4 profit rises 37% to Rs 178.12 crore.
Speaking to CNBC-TV18, he said the net interest margins are expected to expand to 4% or higher in Q1FY19 and the bank expects to maintain it around those levels going forward.
Ahuja said the organic momentum in various businesses was intact reflecting the bank's performance earlier. So, the inherent growth activity continues.
He added, "There is opportunity for bank like ours to gain market share in corporate sector."
Talking on deposits, he said that the low cost deposit and retail deposit share has been improving.
When asked if the bank would look at raising capital for growth, he said that  bank has sufficient capital and would not need to raise equity at least for next 7-8 quarters.
 
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