Yes Bank’s NIMs won’t be impacted going forward: Prashant Kumar

“In the current interest rate scenario, the cost of deposit would start going up but it will not impact our NIMs because the proportion of our retail and MSME loan is moving up. It is now 54% and in retail and MSME, the advantage is linked to the external benchmark, not the MCLR. Whenever there is a change in rate of interest, this is also passed on in our cost of the loans. So our NIMs are not going to be impacted going forward. ”