With green shoots in private capex and margin recovery after the rate cycle bottoming out, Ashok Chandra , MD & CEO, Punjab National Bank , tells Mahesh Nayak that he anticipates a 10-15 bps net interest margin (NIM) improvement by the fourth quarter. He sees GST cuts driving retail and MSME lending and expects a minimal impact from the expected credit loss (ECL) norms. Excerpts:

What is your view of the rising foreign acquisition in the banking sector?

The increasing foreign investment and consolidation like RBL Bank & YES Bank in the banking sector signify the resilience and robustness of the Indian economy and financial system. With the government allowing up to 74% FDI, the bank expects more foreign investors to show interest in the Indian market. Regarding the c

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