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India's IndusInd Bank posts third-quarter profit

Jan 23 (Reuters) - India's IndusInd Bank INBK.NS posted a profit in the third quarter on Friday, helped by a sequential drop in provisions.

The private lender posted a profit of 1.61 billion rupees for the quarter-ended December 31.

While it was lower than the 14.01 billion rupees profit reported last year, it marked an improvement from the 4.45 billion-rupee loss in the second quarter.

 (Reporting by Nishit Navin; Editing by Janane Venkatraman)

 ((Nishit.Navin@thomsonreuters.com;))

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