City
Epaper

IndusInd Bank: A Strong and Promising Future Ahead

By PNN | Updated: March 13, 2025 17:21 IST

Mumbai (Maharashtra) [India], March 13: The bank looks in a very strong position and management is extremely capable to ...

Open in App
Mumbai (Maharashtra) [India], March 13: The bank looks in a very strong position and management is extremely capable to accept all challenges.  Bank is continuously growing by providing best services to his customers in india and globally.Overall, it's look that the bank’s profitability and capital adequacy remain healthy to absorb this one-time impact and all will be in normal position soon. In December 2024 quarter the profit after tax (PAT) was ahead of Street’s estimates of Rs 1,282 crore.At the current valuations bank is already pricing in most of these uncertainties. The ROE of induslnd is 14.26% slightly better than HDFC ( 14.03 %) and even better then Kotak ( 14.01%)Also induslnd bank capital adequacy ratio is lot better at 17.23% which is still above ICICI (16.33%) and even better then Axis ( 16.63%) The bank is trading very undervalued and the future looks is extremely positive for long term !Disclaimer:The views and investment tips expressed by investment experts are their own, and not that of the website or its management. We always advises users to check with certified experts before taking any investment decisions.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

PoliticsTamil Nadu exit polls: BJP's Tamilisai cautious, AIADMK expresses confidence of victory

International"A day of loss": US Supreme Court dilutes VRA in Callais ruling, sparking outcry from Obama and Harris

InternationalTrump expresses 'disappointment' with NATO on Ukraine, Iran; calls King Charles III 'fantastic' after Congress speech

International"Dirty cop": Trump slams ex-FBI chief James Comey following indictment over cryptic "8647" post

NationalPM Modi expresses grief over Bengaluru wall collapse, announces ex-gratia for victims

Business Realted Stories

BusinessWorld economy will suffer terrible crisis amid rising crude prices: Economist Jeffrey Sachs

BusinessMP govt extends wheat procurement window to May 23

BusinessCentre aims $2 trillion export target by 2030-31

BusinessNE: 10 Lumding division stations get ‘Eat Right Station’ tag

BusinessMP pioneers in Green Bond-funded solar power in Jalud