The bank currently has a home loan book of Rs 650 crore and plans to increase it to Rs 15,000 crore in the next three years, MD and CEO Sumant Kathpalia said.
Private sector lender IndusInd Bank sees robust growth in new profits in Q1. Watch the management address media post their Q1 earnings results. Tune in to Moneycontrol for all the latest updates.
The net profit is in line with the CNBC TV-18 poll estimate of Rs 2,127 crore, and the net interest income, which came in at Rs 5,863 crore, has exceeded the estimate by 21 percent.
Against the Nifty rally of 20 percent and Bank Nifty of 10 percent, the stock of IIB has rallied close to 28 percent.