IndusInd Bank Q2 results: Here's what brokerages have to say
Updated : October 16, 2018 10:21 AM IST
The company said there has been a one-off prudential contingency provision of Rs 275 crore on exposure towards the crisis-hit IL&FS group.
The IL&FS exposure is to ring-fenced subsidiaries or carries first rights on claims: Macquarie said in a report.
The bank's growth remains largely strong despite slippages and the net interest margin (NIM) of the bank has declined by eight basis points as the deposit cost rose further, said Deutsche Bank
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