Induslnd Bank Q1 Result: Private Lender Posts 47% Rise In Net Profit To Rs 1k Cr

The private sector IndusInd Bank posted a 47% jump in its Q1 net profit to Rs 1,037 crore on July 22, aided by a decline in funds set aside for potential bad loans. The lender posted a net profit of Rs 684 crore in the year-ago period.Rajiv Anand, MD and CEO, IndusInd Bank said,

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