There seems to be lot of confusion between wideband, narrowband, channel spacing, wide deviation, narrow deviation, wide band receivers, whatever.
If you mean narrow and wide channel spacing, then with 12.5kHz channels you can still have +/- 5kHz deviation, but not with 6.25kHz channels of course as you will encroach on the next channel. The wider the deviation, then the louder audio you are going to receive - most radios automatically increase the audio gain when on narrow channel spacing. If your radio won't tune down to xxx.00625MHz frequencies then you don't have narrow channel spacing. You won't be very popular if you start transmitting in a band that is allocated to be in narrow channel spacing if you use a wide deviation, although probably your rig won't let you.
FM broadcasts are on 200kHz channel spacing with 75kHz deviation on the mono channel and more information on subcarriers above that.