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Earnings

IndusInd Bank Q1FY21 Earnings: Here's what to expect

Updated : July 28, 2020 10:10 AM IST

Private lender IndusInd Bank is set to announce its earnings for the first quarter of the fiscal year today.

Here are the key expectations:
  • Provisions could remain elevated
  • Net Interest Margins are likely to be under pressure (YoY)
  • Fundraising announcement will be watched closely
A CNBC-TV18 poll suggests an NII growth of 9.3 percent YoY and a decline of 3.8 percent QoQ. Net profit is expected to be down by about 60 percent YoY and more than 88 percent sequentially.
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