IndusInd Bank Ltd.

NSE: INDUSINDBK | BSE: 532187 | ISIN: INE095A01012 | Industry: Banks
| Momentum Trap
901.3500 19.10 (2.16%)
NSE Jan 12, 2026 13:05 PM
Volume: 2.8M
 

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IndusInd Bank Ltd.
11 Oct 2019, 12:00AM
901.35
2.16%
Way2Wealth
IndusInd Bank saw robust NII growth of 32% led by moderate loan growth of 21% YoY. Deposit grew at 23% YoY with CASA ratio at 41.5%. Its asset quality for the quarter was maintained (GNPA 2.19% vs 2.15% QoQ) and its credit cost of 18 bps was in line with management guidance for FY20 (Credit Cost ~60-65 bps). It reported 3.4% sequential decline in Q2FY20 profit dented by higher provision. (PCR at 50% vs 43% QoQ). Q2FY20 PAT without accelerated provisions stands at `16.7 bn, up 81% YoY and 16% QoQ. It saw a decline to its exposure to potentially stressed group from 1.9% in 4QFY19 to 1.1% in 2QFY20 and expected to reduce to 0.8% by Oct'19 through repayments....
IndusInd Bank Ltd. is trading above all available SMAs
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