IndusInd Bank Q3 Results Review - Credit Growth To Be Strong, Earnings Outlook Robust: Anand Rathi

"BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Anand Rathi Report.IndusInd Bank Ltd.’s Q3 FY23 profitability improved, with a 1.86% return on asset (up 8 basis points QoQ) and stable asset quality. Key positives were-strong disbursements in the vehicle finance book,strong retail deposit growth,sturdy balance sheet with 70% coverage and a Rs 21.9 billion provision buffer (0.8% of loans) andstrong liquidity and capitalisation. With credit growth expected to be strong and moderating credit costs, IndusInd Bank's earnings are expected to be robust.Risks: Lumpy slippage in the corporate book; volatility in asset quality from the micro finance institution book..Click on the attachment to read the full report:.IndusInd Bank Q3 Review: In-Line Performance Aided By Stable Margins, Asset Quality.More Research Reports On IndusInd Bank's Q3 FY23 Results Review.Earnings Progression On Track; Re-Rating To Continue: Motilal OswalStable Asset Quality; Restructured Portfolio Moderated To 1.25%: Dolat CapitalRobust Credit Growth; Net Interest Magins Improved: IDBI CapitalMaterial Rise In Cost Of Deposits Indicative Of Wholesale Deposit Dependence: Yes SecuritiesDelivering On The Guided Path: ICICI SecuritiesInline Performance; Steady Growth To Drive Valuation: ICICI Direct.DISCLAIMERThis report is authored by an external party. BQ Prime 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 BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

IndusInd Bank Q3 Results Review - Credit Growth To Be Strong, Earnings Outlook Robust: Anand Rathi

IndusInd Bank's Q3 FY23 profitability improved, with a 1.86% return on asset and stable asset quality.

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IndusInd Bank Q3 Results Review - Credit Growth To Be Strong, Earnings Outlook Robust: Anand Rathi

IndusInd Bank's Q3 FY23 profitability improved, with a 1.86% return on asset and stable asset quality.

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