24-10-2024 03:57 PM | Source: Reuters
India`s IndusInd Bank posts lower Q2 profit on higher provisions
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India's IndusInd Bank reported a 39% fall in second-quarter profit on Thursday, hurt by higher provisions.
The private lender posted a net profit of 13.25 billion rupees ($157.7 million) for the three months ended Sept. 30, compared to 21.81 billion rupees a year earlier.
($1 = 84.0450 Indian rupees)
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