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IndusInd Bank Q1FY21 Earnings: Here's what to expect

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By Abhishek Kothari  Jul 28, 2020 10:10:12 AM IST (Published)

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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 closely
  • A 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.

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