{
 "name": "India Net Interest Margin (NIM) of Scheduled Commercial Banks",
 "unit": "percent (net interest income / average interest-earning assets)",
 "dashboard": "https://bankpulse.ai/dashboards/nim/",
 "source": "RBI Report on Trend & Progress of Banking in India / Financial Stability Report and bank financial disclosures",
 "reviewed_by": "Vikram Jain",
 "license": "https://creativecommons.org/licenses/by/4.0/",
 "updated": "2026-06-19T07:27:41+05:30",
 "dateModified": "2026-06-19T07:27:41+05:30",
 "method": "NIM = net_interest_income / average_interest_earning_assets",
 "note": "Rounded and approximate; recent years provisional and revised. System NIM runs about 3.0-3.5% (~3.4% FY25). Public-sector banks run ~2.6-3.0% and private banks ~3.8-4.2%. Margins expanded FY23-FY24 as repo hikes repriced loans faster than deposits, then eased in FY25 as deposit costs caught up.",
 "series": [
  {
   "fiscal_year": "FY21",
   "system_nim_pct": 3.0,
   "public_banks_nim_pct": 2.6,
   "private_banks_nim_pct": 3.8,
   "approximate": true,
   "note": "Margins steady through the low-rate phase"
  },
  {
   "fiscal_year": "FY22",
   "system_nim_pct": 3.1,
   "public_banks_nim_pct": 2.7,
   "private_banks_nim_pct": 3.9,
   "approximate": true,
   "note": "Credit recovery lifts margins modestly"
  },
  {
   "fiscal_year": "FY23",
   "system_nim_pct": 3.3,
   "public_banks_nim_pct": 2.9,
   "private_banks_nim_pct": 4.1,
   "approximate": true,
   "note": "Repo hikes reprice loans faster than deposits -- margins expand"
  },
  {
   "fiscal_year": "FY24",
   "system_nim_pct": 3.5,
   "public_banks_nim_pct": 3.0,
   "private_banks_nim_pct": 4.2,
   "approximate": true,
   "note": "Peak margins as loan yields stay high"
  },
  {
   "fiscal_year": "FY25",
   "system_nim_pct": 3.4,
   "public_banks_nim_pct": 2.9,
   "private_banks_nim_pct": 4.0,
   "approximate": true,
   "note": "Deposit costs catch up; margins ease slightly"
  }
 ]
}