'Indusind Bank has reported 68% dip in net profit at Rs 684.25 crore for
the quarter ended June 2025 (Q1FY2026). The bank has posted 14% plunge in net
interest income (NII), while the core fee income of the bank also slipped 35% in
Q1FY2026. The Net Interest Margin (NIM) of the bank declined to 3.46% in
Q1FY2026 compared to 4.25% in the corresponding quarter of previous year.
On
business front, the bank as has posted 2% fall in the business with 4% decline in
loan book. The asset quality of the bank continued to be under pressure in
Q1FY2026. Bank has reduced the credit to deposit ratio to 84.0% at end June
2025 from 87.3% at end June 2024. CASA ratio of the bank has declined to 31.5% at
end June 2025 from 36.7% at end June 2024.
Asset
quality weakens: The bank has continued to witness pressure on asset quality
in Q1FY2026.
The
fresh slippages of loans stood at Rs 2567 crore in Q1FY2026 c...
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