Thursday, 11 January 2018

IndusInd Bank Is The Second Private Sector Lender To Announce Third Quarter Earnings On Thursday

IndusInd Bank is the second private sector lender to announce third quarter earnings on Thursday. Profit is expected to increase 24.1 percent to Rs 931.5 crore for the quarter ended December 2017.

The bank had reported net income at Rs 750.6 crore in year-ago quarter. Net interest income, the difference between interest earned and interest expended, is seen growing 22 percent to Rs 1,926.1 crore from Rs 1,578.4 crore year-on-year, according to average of estimates of analysts polled by CNBC-TV18.

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