RBL Bank eyes 5.1% interest margin, to launch CV and used car loans, targets growth in smaller cities

RBL Bank aims to boost net interest margins by expanding its retail business with higher-yielding assets like commercial vehicle and used car financing, targeting underpenetrated markets. The bank intends to leverage digital tools and partnerships while controlling costs by integrating credit responsibilities into existing roles. They are also optimistic about improvements in microfinance collections and strategically managing regional exposure.