IndusInd Bank Q3 net profit at INR 936.25 crore


IndusInd Bank reported results for the third quarter. The company posted net profit at INR 936.25 crore for December quarter.

The provisions for the quarter was at INR 236 crore for the third quarter.

The total income stood at INR 5,473.54 crore for the quarter ended 31 December 2017.

The company also appointment of Yashodhan M. Kale as ‘Additional Director’ in the category of ‘Non-Executive, Non-Independent Director’ of the Bank.

IndusInd Bank offers a wide range of personal banking services including deposits, loans, cards, insurance etc to meet your personal needs.As on September 30, 2017, IndusInd Bank has 1250 branches, and 2146 ATMs spread across 690 geographicallocations of the country. The Bank also has representative offices in London, Dubai and Abu Dhabi. The
Bank believes in driving its business through technology.

Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.