Preview: India's IndusInd Bank little changed ahead of quarterly results

Indusind Bank

28/07/2025 06:04

** Shares of IndusInd Bank INBK.NS up 0.1% at 824.65 rupees ahead of quarterly results due later in the day

** Jefferies analysts say profit of large banks to stay muted in the first-quarter of FY26 as loan growth has softened

** Analysts at Nirmal Bang say INBK's loan growth declined sharply in the quarter

** IndusInd Bank will likely report slower deposit growth but see a bounce in earnings as derivatives loss and surprise in asset quality is behind it - DAM Capital

** Peer Axis Bank AXBK.NS posted an unexpected drop in quarterly profit as its bad loans surged; Kotak Mahindra Bank KTKM.NS missed estimates as it set aside more funds for potential bad loans

** KTKM, AXBK rated "buy" on avg, INBK rated "sell" - data compiled by LSEG

** Year-to-date, INBK down 14%

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))