ADVERTISEMENT

IndusInd Bank Q3 Results Review: IDBI Capital Maintains 'Buy' On The Stock, Lowers Target Price — Here's Why

The bank remains cautious on the growth with disbursement well below historical run rate as well as customer eligibility, adds the brokerage.

<div class="paragraphs"><p>IndusInd Bank Ltd. reported decline in net interest margins led by interest reversal due to higher slippages from MFI portfolio.</p><p> (Photo source: NDTV Profit)</p></div>
IndusInd Bank Ltd. reported decline in net interest margins led by interest reversal due to higher slippages from MFI portfolio.

(Photo source: NDTV Profit)

MFI portfolio concerns have impacted the return ratios led by lower growth and higher credit cost. However, management guided for improvement in MFI next few months should bring back better parameters.
To continue reading this story
You must be an existing Premium User
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit