Business

5% profit arises in IndusInd Bank

Net profit was Rs. 985 crore

Here is a big hope that induslnd bank spread good amount of interest.
IndusInd Bank reported a 5.2 per cent rise in third-quarter profit on Wednesday, helped by higher interest income. Net profit was Rs. 985 crore ($139.65 million) for the quarter ended December 31, compared with Rs.
936 crore a year earlier, the bank said. Interest earned rose 34.4 per cent to Rs. 5,763 crore.
Gross bad loans as a percentage of total loans stood at 1.13 per cent at the end of December, compared with 1.09 per cent in the previous quarter and 1.16 per cent a year earlier.

Summary
Review Date
Reviewed Item
5% profit arises in IndusInd Bank
Author Rating
51star1star1star1star1star
congress cg advertisement congress cg advertisement
Tags