IndusInd expects restructuring book to be in control: CEO

The bank's total slippages at just 19 basis points of its loan book or Rs 400 crore were made up by the Rs 495 of recoveries and upgrades the bank had in the quarter ended September. One basis point is 0.01 percentage point.

from Banking/Finance-Industry-Economic Times https://ift.tt/2TDaJCH