IndusInd Bank Q2 profit up 72% on higher income, lower provisions

Restructured advances constituted 3.6% of the bank’s loan book. “If you look at our conservative simulation of credit costs from the restructured pool, I think we are well provided to take care of any provisions which will come from the restructured book,” Kathpalia said.

from Banking & Finance – The Financial Express https://ift.tt/2Zqnire