bullish

Indusind Bank

IndusInd Bank - Some Stress and Some Prudency Suppress Earnings

157 Views28 Oct 2024 03:55
Broker
IndusInd Bank (IIB) reported a sharp 42% earnings miss in 2Q with PAT/RoA at Rs13.3bn/1%, mainly due to slower credit growth (13% YoY), lower fees (partly due to lower penal fees), and higher LLP.
What is covered in the Full Insight:
  • Earnings Overview
  • Credit Growth and Asset Quality
  • Financial Projections and Valuation
  • Strategic Outlook
  • Recommendation and Target Price
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