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Apr 19, 2012, 03.02 PM IST
Private sector lender Indusind Bank is expected to report a profit after tax of Rs 214.7 crore in the fourth quarter of FY12, a massive growth of 25% as compared to Rs 171.8 crore in a year ago period.
Net interest income is seen going up by 17% to Rs 454.5 crore from Rs 388 crore year-on-year.
*Q3 NIMs: 3.25% / Expected Q4 NIMs: 3.18%
*Expected to post above-industry loan growth of 30%
*Deposit growth expected at 25%
*Traction in fee income expected to drive overall non-interest income
*In 3Q, bank reported slippages of Rs 67 crore - no negative surprises expected here
*Good asset quality performance but concern is high exposure to CV segment
*One of the 3 banks that has hiked savings rate at 6%
Tags: Indusind Bank Q4
May 21 2013, 13:56
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