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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.
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