Sri Lanka, Oct. 26 -- Net Interest Margins (NIMs), the difference between the interest income banks generate and the interest it pays to depositors which is currently high will come down, the Central Bank (CBSL) said. "NIMs were high because of the problems the country had in the past years but it will come down," CBSL Governor Dr. Nandalal Weerasinghe said responding to a media query on banks paying low interest to depositors while making profits.

He said lending rates are also low. Lending and deposit rates are low today. The net interest margins had increased during the crisis periods. Looking at last year NIMs have been high compared to previous years but it will come down to the proper level with the economic stabilisation.

"NIMs h...