In line with the expectations, Indusind Bank Ltd. (IndusB) has reported a healthy set of numbers for Q1FY18 with NII growing by 30.8% on the back of strong growth in advances and NIM. During the quarter, advances increased by 24.3% YoY with the strong traction in retail and SME loans. NIM improved by 3 bps YoY to 4% due to the strong interest income and accretion of low cost deposits (CASA improved by 330 bps YoY to 37.8%). While advances book grew by 3% QoQ, risk weighted assets increased only by 1% showing the benefit of increasing focus on the better rated corporates. By Q1FY18, A & above rated...