India's IndusInd Bank posts higher quarterly profit on drop in provisions
22/07/2026 11:48
India's IndusInd Bank posts higher quarterly profit on drop in provisions July 22 (Reuters) - India's IndusInd Bank INBK.NS posted a higher first-quarter profit on Wednesday, helped by a drop in funds set aside for potential bad loans.
The private lender reported a net profit of 10.03 billion rupees ($103.87 million) for the three months ended June 30, up from 6.84 billion rupees a year earlier.
($1 = 96.5650 Indian rupees)
(Reporting by Nishit Navin; Editing by Ronojoy Mazumdar)
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