IndusInd Q3 profit falls 39% on higher provisions

The bank’s provisions increased 87% to ₹1,744 crore as gross non performing assets (NPA) rose to 2.25% in the quarter ended December 2024, from 1.92% in the same time a year ago. Net NPA was at 0.68%, from 0.57% a year ago. The bank’s provisions increased 87% to ₹1,744 crore as gross non performing assets (NPA) rose to 2.25% in the quarter ended December 2024, from 1.92% in the same time a year ago. Net NPA was at 0.68%, from 0.57% a year ago.  Economic Times

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