Indusind Bank Financial Result for the Quarter Ended December 31, 2018

Published On: January 9th 2019 at 5:20 PM

Induslnd Bank LimitedIndusInd Bank Limited is engaged in banking and para-banking services.The Bank is involved in accepting deposits, such as savings accounts, current accounts and fixed deposits, and banking solutions. The Bank is engaged in granting loans to various segments, such as industries and businesses, and retail loans; financing a range of vehicles or equipment to individuals, and priority sector lending. The Bank’s segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Treasury segment includes investment portfolios, profit or loss on sale of investments, profit or loss on foreign exchange transactions, equities, income from derivatives and money market operations. The Corporate/Wholesale Banking segment includes lending to and deposits from corporate customers. The Retail Banking segment includes lending to and deposits from retail customers.

#Dec 18Dec 17
Net ProfitRs.985 CrRs.936 Cr
InterestRs.5,763 CrRs.4,287 Cr
Provision and ContingenciesRs.607 CrRs.236 Cr
Gross NPA1.13%1.09
Net NPA0.59%0.48%

INDUSINE BANK-3