IndusInd Bank (IIB) has delivered a healthy performance on operating front in 4QFY17. Its operating profit grew by 36.6% YoY and 15.3% QoQto Rs15.7bn led by robust growth in balance sheet and healthy improvement in NII and fee-based income. Its NII grew by strong 31.5% YoY & 5.6% QoQ to Rs16.8bn. Led by robust growth in advances and stable NIMs of 4%, IIB's NII grew by strong 31.5% YoY & 5.6% QoQ to Rs16.8bn. However, on the back of 101.3% YoY and 98.3% QoQ rise in provisioning expenses to Rs4.3bn, the Bank's net profit grew relatively lower by 21.2% YoY and 0.1% QoQ to Rs7.5bn. Sharp rise in provisioning expenses is attributable to divergences referred by the RBI on alarge loan exposure to one cement company. Management...