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.
Anand Rathi Report
IndusInd Bank Ltd.'s Q4 FY22 profitability improved, with a 1.51% return on asset (up 16 basis points QoQ) and better asset quality.
Key positives are-
strong disbursements in the corporate and vehicle finance books,
strong retail deposit growth,
sturdy balance sheet with 72% coverage and a Rs 33 billion provision buffer (1.4% of loans) and
strong liquidity and capitalisation.
With credit growth picking up and normalising credit costs, IndusInd Bank's earnings would improve.
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.
