scorecardresearchIndusInd Bank Q2 profit jumps to ₹1,805 crore on lower provisions

IndusInd Bank Q2 profit jumps to 1,805 crore on lower provisions

Updated: 20 Oct 2022, 07:54 AM IST
TL;DR.
IndusInd Bank reported an 18 per cent growth in the core net interest income at 4,302 crore on the back of an 18 per cent loan growth and the net interest margin widening to 4.24 per cent as against 4.07 per cent in the year-ago period.
IndusInd Bank has initiated a host of strategic efforts including the launch of new product structures for SCF. Photo By Mint

IndusInd Bank has initiated a host of strategic efforts including the launch of new product structures for SCF. Photo By Mint