• SENSEX
    NIFTY 50
VIDEOS
Earnings

IndusInd Bank Q3 results today: Here's what to expect

Updated : January 09, 2019 11:33 AM IST

IndusInd Bank is all set to announce its quarterly results on Wednesday and it is expected that the exposure to IL&FS will affect the balance sheet this quarter.

Here is what to expect today:

  • Nomura is expecting a slippage of Rs 2,400 crore compared to Rs 419 crore in the previous quarter due to the IL&FS exposure.

  • Mainly it has an exposure to the holding company, which could lead to elevated provisions.

  • Analysts are expecting decline in profit on a year-on-year (Y-o-Y) basis.

  • Loan growth is expected to remain robust at 23-25 percent.

  • The net interest margin (NIM) could remain above 3.8 percent.

  • CNBC-TV18 poll suggests that the net interest income (NII) growth may be close to 25 percent while the net profit could decline by 13 percent on a Y-o-Y basis to Rs 811 crore.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV