IndusInd Bank profit falls 40% on asset quality woes
The Morning Standard
|October 25, 2024
INDUSIND Bank on Thursday reported a 40% fall in September quarter net profit at ₹1,331 crore, pulled down majorly by concerns on asset quality.
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The bank decided to set aside an additional ₹525 crore as prudential provisions due to challenges in the operating environment.
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