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IndusInd Bank posts Rs 1,242 crore net profit on lower provisions

viaeconomictimes.indiatimes.com24 Oct
IndusInd Bank posts Rs 1,242 crore net profit on lower provisions
IndusInd Bank reported an impressive consolidated net profit of ₹1,242 crore for the September quarter, marking a robust recovery from the previous year’s loss of ₹437 crore. This turnaround stems from decreased provisions and heightened fee income, alongside encouraging trends in asset quality,…

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