Latest Updates on Indusind Bank
As per latest news on 02nd February 2017, Indusind bank is likely to merge with Bharat Financial with itself. Company is now one step closer. Their will a share swap deal in between two.
Indusind Bank on 10th January 2017 showed a strong set of Q3 numbers. The bank made net profit of Rs. 750.64 cr an impressive 29% growth from last year ending December 2015. The main income comes from its loan book and stable net interest margin.