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
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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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