Picture of Indusind Bank logo

INDUSINDBK Indusind Bank News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsBalancedLarge CapMomentum Trap

Brief: Indusind Bank Exec Says Bank Is Enforcing Stringent Cost Management Strategies

July 28 (Reuters) - Indusind Bank Ltd INBK.NS:

BANK IS ENFORCING STRINGENT COST MANAGEMENT STRATEGIES

TRYING TO CONTAIN OPEX GROWTH TO SINGLE DIGIT FIGURE

EXPECT MICROFINANCE SLIPPAGES TO STABILIZE BY Q3

DUE TO EASING LIQUIDITY CONDITIONS, RESUMED CORPORATE LOAN DISBURSEMENTS FROM JULY

WHILE FINANCIALS HAVE RETURNED TO PROFITABILITY, WE ADMIT THERE IS ROOM FOR IMPROVEMENT

INCOMING CEO, BOARD WILL TAKE DECISION ON TIMING OF FUND RAISE

Source text: [ID:]

Further company coverage: INBK.NS

 ((Reuters.Briefs@thomsonreuters.com;))

Recent news on Indusind Bank

See all news