IndusInd Bank?s (IIB) results came in ahead of estimates with a superior NIM performance and strong traction in fees driving PPoP/PAT beat of 7/4%. Slippages (75bps ann.) were at normalized levels post the 4QFY15 (2.7% ann.) disappointment. However, the o/s restructured pool increased by 10bps to 63bps led by one large account. SA deposits accretion at Rs ~11bn was a positive surprise, thus leading to a 55bps rise in CASA share to ~35%.