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#CLSA On #IndusIndBank Buy, T=2160 FY19 Annual Report Shows That The Deposit Franchise Needs To Be Strengthened Operationally Steady, But Asset Quality Drags Earnings See Normalisation Of Credit Costs & Synergies From Bharat Fin To Lift RoE Towards 20% @CNBC_Awaaz #AwaazMarkets
CLSA seeing normalisation of credit costs & synergies from Bharat Fin to lift IndusInd’s RoE towards 20% #CNBCTV18Market
IndusInd Bank: Merger with Bharat Fin done….Moderation in credit growth, high stressed assets & succession planning create headwinds. Vehicle financing at 30%, MFI loans at 10% of the book… bank has 7%-10% of exposure in below inv. grade book (Fy20e 3x P/B)
It’s been a strong set of earnings for @MyIndusIndBank. Catch Romesh Sobti, IndusInd Bank, spill the beans on asset quality, loan book growth, the Bharat Financial merger and outlook on earnings at 9:40 am
Citi maintains buy call on IndusInd Bank; says the co's Bharat Fin merger benefits are visible
CLSA has maintained buy rating on IndusInd Bank with a target price of Rs 2,160. April-June quarter was the first quarter of merged financials for IndusInd Bank and Bharat Financial, said CLSA.
#CNBCTV18Market | Citi maintains buy call on IndusInd Bank; says the co's Bharat Fin merger benefits are visible
[email protected], Romesh Sobti: Completed Merger Of IndusInd Bank With Bharat Financial Completed On July 4 Merger Has Contributed To A Much Stronger Capital Adequacy For IndusInd CASA Ratio At 43.04% vs 43.42% YoY #EarningsEdge
Merger process is now complete. Shareholders of Bharat Financial have been issued IndusInd Bank's shares, says Romesh Sobti MD & CEO of IndusInd Bank. #Q1WithBQ Watch:
#EarningdWithMC | IndusInd Bank + Bharat Fin release Q1 results. ▶️Gross NPA at 2.15% vs 2.1% (QoQ) ▶️Net NPA at 1.23% vs 1.2% (QoQ) ▶️Gross NPA at Rs 4,199 crore vs Rs 3,947 crore (QoQ) ▶️Net NPA at Rs 2,380 crore vs Rs 2,248 crore (QoQ) | @MyIndusIndBank
BREAKING NEWS - #Induslnd + #BharatFinancial #Q1 : Net Profit At Rs. 1,432.5 Cr Vs Rs. 1,279.7 Cr #QuarterlyResult
#1QWithCNBCTV18 | IndusInd Bank + Bharat Fin net profit comes in at Rs 1,432.5 cr against CNBC-TV18 poll of Rs 1279.7 cr
Double digit growth in Q1 NII on cards for #IndusIndBank; Bharat Financial merger may hit profit #Kotak which expects 30 percent growth in NII and 24 percent in PPoP, said it expects the bank to make high provisions for their IL&FS exposure.
IndusInd numbers would not be comparable as the lender would incorporate financials of the merged Bharat Financial into the first quarter estimates.