IndusInd Bank reported good set of second quarter earnings on Wednesday where the banks net profit and net interest income (NII) growth met street estimates.
Read more: IndusInd Bank Q2 net up 26% at Rs 704cr, provisions at Rs 214 cr
In an interview with CNBC-TV18, Sanjiv Bhasin of IIFL said that these are standout earnings numbers from IndusInd and the bank will continue to command a premium valuation.
He said that any dip in IndusInd is a buying opportunity and the eventual corporate credit pick up will be the 'icing on the cake' for the bank.
Bhasin also listed his views on non-banking financial companies (NBFCs) and said that Gruh Finance and Satin Creditcare are likely to be outperformers going forward. Watch video for more.
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