Ways2capital Stock Update : IndusInd Bank shares fall nearly 1% ahead of Q3 numbers

Share price of IndusInd Bank was down nearly 1 percent in the early trade on Wednesday as company is going to announce muted numbers for the December quarter.

The bank will announce its third-quarter earnings on January 9.

Private sector lender IndusInd Bank is expected to report muted growth in Q3 profit as provisions may remain elevated due to exposure to IL&FS that defaulted on interest payments to bondholders. However, the growth in net interest income, loan, other income and operating profit could be strong.

The bank will announce its third-quarter earnings on January 9.

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