IndusInd Bank announced a net profit of Rs 1,176 crore for the quarter ending September 2027. The bank’s asset quality improved with gross non-performing assets declining to 2.73% from 3.6% a year earlier. Jefferies adjusted its target price for the bank’s shares down to Rs 1,130 due to changing credit cost expectations. Motilal Oswal maintained a neutral stance with a target price of Rs 1,050, indicating a positive outlook.
​IndusInd Bank announced a net profit of Rs 1,176 crore for the quarter ending September 2027. The bank’s asset quality improved with gross non-performing assets declining to 2.73% from 3.6% a year earlier. Jefferies adjusted its target price for the bank’s shares down to Rs 1,130 due to changing credit cost expectations. Motilal Oswal maintained a neutral stance with a target price of Rs 1,050, indicating a positive outlook. by Soban News (international And National News)
