 "IndusInd Bank")
Shares of IndusInd Bank hit 33-month low of Rs 1,192 apiece, down 3 per cent on Friday, extending its previous day’s 6 per cent decline on the BSE, after the bank reported lower-than-expected loan growth in July-September quarter (Q2FY20).
The stock of the private sector lender slipped 5 per cent from its intra-day high of Rs 1,254 today. It was trading at its lowest level since January 2017.
IndusInd Bank’s advances grew a mere 21 per cent, slowest in over 20 quarters, against expectation 25-30 per cent, on account of conservatism and macro slowdown. The asset quality of
The stock of the private sector lender slipped 5 per cent from its intra-day high of Rs 1,254 today. It was trading at its lowest level since January 2017.
IndusInd Bank’s advances grew a mere 21 per cent, slowest in over 20 quarters, against expectation 25-30 per cent, on account of conservatism and macro slowdown. The asset quality of
