IndusInd Bank falls 4% as gross slippages rise in Q3; brokerages remain bullish
Slippages increased significantly to Rs 1,945 crore in Q3, from Rs 1,102 crore in Q2FY20. In fact, slippages were much higher than first half of FY20.
The stock of IndusInd Bank was trading lower by over 3 percent intraday on January 15 after the lender reported sharp increase in gross slippages due to one travel account. The private sector lender registered a healthy 32 percent year-on-year growth in profi
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