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IndusInd Bank Ltd has posted a 26.7% YoY rise in its Q4 net profit.
The bank’s net profit rose to Rs.9.53 billion in the quarter ended March 31, from Rs.7.52 billion in the corresponding period last year. Gross bad loans as a percentage of total loans stood at 1.17% at March end, as against 1.16% in the previous quarter and 0.93% a year earlier.
Furthermore, interest earned by the bank increased approx 21% in the quarter to Rs.46.50 billion.
