News: HDFC Ltd Chairman Deepak Parekh said that NIMs may see compression in the short term as it is unable to immediately pass on the impact of RBI's rate hike to borrowers. Parekh, however, exuded confidence that the spreads and margins which the corporation makes on loans sold will stabilise over the medium to long term.
Views: Margin compression in near term could keep earnings trajectory and thus return ratios subdued.
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