IndusInd Bank - In-Line Quarter; Near-Term Challenges Persist
IndusInd Bank (IIB)’s PAT declined 39% YoY/rose 5% QoQ to ~INR14b (in line), as NII and NIM were broadly in line, while provisions continued to...
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IndusInd Bank: Worst Priced In, Better Times Ahead, Upgrade to ADD
With multiple handicaps simultaneously coming to the fore (sub-par deposit franchise, elevated stress in unsecured book leading to lower loan...
488 Views
IndusInd Bank - Weak Quarter; Steering Through Near-Term Challenges
IndusInd Bank (IIB)’s PAT declined 40% YoY/ 39% QoQ at ~INR13.3b (17% miss adjusted for contingent provision of INR5.25b). NII grew 5% YoY to...
245 Views
IndusInd Bank - Some Stress and Some Prudency Suppress Earnings
IndusInd Bank (IIB) reported a sharp 42% earnings miss in 2Q with PAT/RoA at Rs13.3bn/1%, mainly due to slower credit growth (13% YoY), lower fees...
226 Views
IndusInd Bank - Modest Quarter; Guides a Robust Growth Outlook
IndusInd Bank (IIB) posted a 1QFY25 PAT of ~INR21.7b (7% miss) due to modest revenue growth. NII grew 11% YoY to INR54.1b (3% miss) and other...
217 Views