BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
IndusInd Bank Ltd.'s consistent efforts in strengthening its liability franchise have been yielding results.
After witnessing a sharp run down in deposits over March 2020, the management has increased its focus on garnering retail deposits.
The same has grown by 59% YoY in September 2021, while the mix as per liquidity coverage ratio disclosures rose 980 basis point YoY to 41%.
Loan growth over the past few quarters have been modest due to a challenging business environment and weak demand as the corporate book witnessed a decline over FY21.
However, IndusInd Bank is witnessing a healthy recovery as it reported a QoQ growth of ~5% over Q2 FY22.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
