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Thu, Apr 25, 2024
Simultaneously, lender IndusInd Bank has also posted its financial results for the fourth quarter ended on March 31, 2024. The bank posted a 15 per cent rise in consolidated net profit at Rs 2,349 crore for the fourth quarter that ended March 2024, helped by an increase in interest income.
Tue, Nov 07, 2023
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Thu, Jan 19, 2023
Its net interest margin -- a key measure of profitability for banks -- improved by 17 basis points to 4.27 per cent.
Thu, Nov 26, 2020
IndusInd Bank's loan collection levels have continued to be healthy (95-96%) and management continues to guide for low single-digit restructuring on overall loans. Management believes legacy corporate stressed exposures (pre-covid) have largely been dealt with and provided for, and incremental corporate exposures are of good quality.
Sun, Jul 14, 2019
Experts are still optimistic on IndusInd Bank with buy to hold ratings.
Tue, Jul 02, 2019
Research Analysts at Nirmal Bang have given a buy rating with a target price of Rs 1,800 ahead.
Fri, Jun 21, 2019
IndusInd Bank’s board has fixed July 04, 2019 as the effective date of the scheme
Wed, May 22, 2019
The positive behavior of investors is despite the bank posting decline in net profit on yearly basis.
If one-off provisions were not set, IndusInd highlighted that their net profit would have worked out at Rs 1,189 crore registering a growth of 25% on yearly basis.
Wed, Jan 09, 2019
The bank's quarterly growth stood at 7% as against Rs 920 crore recorded in Q2FY19. A Bloomberg poll of analysts have predicted the bank's net profit to come in at Rs 825 crore in Q3FY19.
Mon, Oct 22, 2018
There is no really critical reason that dragged IndusInd Bank to drop to such an extreme level in just few minutes.
Thu, Jan 11, 2018
A Bloomberg poll of experts projected IndusInd Bank to be around Rs 943 crore in Q3FY18.
Thu, Oct 12, 2017
The bank reported net profit of Rs 704.23 crore a year ago same period (Q2FY17) and Rs 836.55 crore in the preceding quarter (Q1FY18).
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