 "IndusInd Bank October-December quarter net profit up 32% at Rs 1,300 cr; gross NPAs rise to 2.18%")
New Delhi: Private sector lender IndusInd Bank on Tuesday posted 32 percent rise in net profit to Rs 1,300.20 crore for December quarter, 2019-20. The bank had registered a profit of Rs 985.03 crore in the year-ago period.
#3QWithCNBCTV18 | @MyIndusIndBank's net profit rises 32% on a year-on-year basis; provisions come in at Rs 1,043.4 cr Vs Rs 737.7 cr (QoQ) & vs Rs 606.7 cr (YoY) pic.twitter.com/wgPks3dL4D
— CNBC-TV18 (@CNBCTV18Live) January 14, 2020
Total income during the period under review increased to Rs 9,073.93 crore from Rs 7,232.32 crore in the third quarter of the previous fiscal, IndusInd Bank said in a regulatory filing. Gross non-performing assets (NPAs) rose to 2.18 percent of the total advances at the end of December quarter of the current fiscal as against 1.13 percent by the end of same period a year ago. Net NPAs increased to 1.05 percent in the quarter from 0.59 percent of the total assets in the year-ago period. IndusInd Bank stock was trading at Rs 1,528.80, down 0.76 percent, on the BSE.
 "This Week in Explainers: Will recession in UK, Japan hit daily living?")
 "FirstUp: Nitish Kumar to seek trust vote, RLD to formally join NDA… The big stories today")
 "This Week in Explainers: What Uttarakhand’s Uniform Civil Code means for live-in couples")
 "Ram mandir consecration: Did Nihang Sikhs start the temple movement over a century back?")
 "This Week in Explainers: Will recession in UK, Japan hit daily living?")
 "FirstUp: Nitish Kumar to seek trust vote, RLD to formally join NDA… The big stories today")
 "This Week in Explainers: What Uttarakhand’s Uniform Civil Code means for live-in couples")
 "Ram mandir consecration: Did Nihang Sikhs start the temple movement over a century back?")