IndusInd Bank: results on Monday

IndusInd Bank will announce its March-June results on Monday. Analysts expect the bank to report loan growth of nearly 25 per cent y-o-y, led by strong growth in retail business. Net interest margin will remain stable q-o-q on higher share of retail loans. While net profit may grow at around 20 per cent y-o-y, net interest income may surge 32-38 per cent. After South Indian Bank’s strong numbers, analysts are expecting better show from banks, especially private ones.