IndusInd Bank's March quarter profit up y-o-y by 15%
Its net interest margin (NIM) was 4.26%, compared to 4.28% in Q4 FY23 and 4.29% in Q3 FY24.
Source: indiainfoline.com
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Its net interest margin (NIM) was 4.26%, compared to 4.28% in Q4 FY23 and 4.29% in Q3 FY24.
IndusInd Bank Q4 Results: The private sector lender also announced a dividend of Rs 16.5 per share. IndusInd's provisions were down 3.8% quarter-on-quarter to Rs 899 crore while its gross NPA and net NPA ratios
IndusInd Bank reported strong first-quarter results, with net interest income and net interest margin growing at a healthy pace. The bank's asset quality improved, with gross non-performing assets falling to their lowest level in years.