 "IndusInd Bank")
IndusInd Bank rallied 6% to Rs 1,231 on BSE at intra-day trade after reported a healthy 29% year on year growth in net profit at Rs 751 crore for the third quarter ended December 31, 2016 (Q3FY17). The private sector lender had profit of Rs 581 crore in the same quarter last fiscal.
Net interest income (NII), the difference between interest earned and interest expended, increased 33% to Rs 1,460 crore on YoY basis.
Analysts on an average expected profit of Rs 716 crore and NII of Rs 1,503 crore for the quarter.
Net Interest margin, a
Net interest income (NII), the difference between interest earned and interest expended, increased 33% to Rs 1,460 crore on YoY basis.
Analysts on an average expected profit of Rs 716 crore and NII of Rs 1,503 crore for the quarter.
Net Interest margin, a
