Shares of IndusInd Bank rallied 8 per cent to Rs 914 on the BSE in Monday's session, up 14 per cent in the past two trading days, after the bank posted a decent set of October-December quarter (Q3FY21) numbers with a 25 per cent quarter-on-quarter (QoQ) growth in net profit at Rs 830 crore, aided by improvement in core operating performance and lower provisions. Net interest income (NII) increased 10.8 per cent year on year (YoY) and 3.9 per cent QoQ to Rs 3,406 crore. Net interest margin (NIM) stood at 4.12 per cent for the quarter ended December 2020. Net non-performing assets (NPA) improved to 0.22 per cent as at Q3FY21 from 0.52 per cent a quarter ago, well provided for with provision coverage ratio (PCR) at 87 per cent. "Pro forma net NPA, considering NPA not recognized due to Supreme Court’s order, stood at 0.70 per cent and pro forma PCR at 77 per cent," IndusInd Bank said in press release.