The onset of COVID-19 last year was a difficult phase for IndusInd Bank (IIB CMP: Rs 93, Market cap: Rs 72,306 crore) with a burgeoning bad asset problem and a run on deposits following the Yes Bank fiasco. However, in the past one year, it has recognised stress, cleaned up the troubled corporate book, built an adequate provision cover, built a granular retail-oriented deposit book, diversified its asset book, and built adequate capital buffers to drive growth and win...
Moneycontrol Pro Panorama | Heading towards capitulation?
Sep 27, 2022 / 02:19 PM IST
In today’s edition of Moneycontrol Pro Panorama: New opportunities and challenges for solar sector, slow GDP likely in India's future, online gaming ecosystem in trouble, what's driving the SME IPO frenzy, and moreRead Now
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