Private lender IndusInd Bank is set to announce its earnings for the first quarter of the fiscal year today.
Here are the key expectations:
Provisions could remain elevated
Net Interest Margins are likely to be under pressure (YoY)
Fundraising announcement will be watched closelyA CNBC-TV18 poll suggests an NII growth of 9.3 percent YoY and a decline of 3.8 percent QoQ. Net profit is expected to be down by about 60 percent YoY and more than 88 percent sequentially.