Indusind Bank Ltd. (IndusB) has reported strong numbers for Q4FY17 with NII income growing by 31.5% YoY and 5.6% QoQ driven by the strong growth in interest income. However, bottom line missed the expectation as net profit witnessed flat 0.1% QoQ growth to Rs7,516.1 as the bank made Rs1,220 mn of provisioning against the standard assets related to cement sector. Overall the bank has continued showing strong performance in financial and operating parameters. After achieving the targets set under the previous three planning cycles, IndusB has introduced Planning Cycle (PC)-IV which will implement over...