Manappuram Finance is consistently bringing down borrowing costs and will maintain net interest margin at around 15.8 percent, said VP Nandakumar, Managing Director of the company in an interview to CNBC-TV18.

Detailing the Q3FY21 numbers, Nandakumar said that the gross NPA in the microfinance (MFI) business will be maintained at 5 percent.

West Bengal’s exposure in the MFI book is at 12 percent, he said.

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(Edited by : Priyanka Rathi)