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    HomeNewsBusinessEarningsIndusind Bank likely to post 69% growth in Q4

    Indusind Bank likely to post 69% growth in Q4

    Private sector lender Indusind Bank is expected to report fourth quarter profit after tax of Rs 165.76 crore, a growth of 69% as compared to Rs 98 crore in same quarter the previous year.

    April 18, 2011 / 10:33 IST

    Private sector lender Indusind Bank is expected to report fourth quarter profit after tax of Rs 165.76 crore, a growth of 69% as compared to Rs 98 crore in same quarter the previous year.

    Net interest income is seen going up by 39% at Rs 379.5 crore from Rs 272.8 crore on year-on-year basis.

    Other expectations
    -Loan growth likely at around 30%
    -Marginal compression could be seen in NIMs
    -Fee income likely to remain strong
    -Asset quality to remain stable

    first published: Apr 18, 2011 10:33 am

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