Interest earned rose 29.2 percent to 54.38 billion rupees.IndusInd Bank Ltd posted a 4.6 percent rise in second-quarter profit on Monday, helped by higher interest income.Net profit was 9.20 billion rupees ($124.36 million) for the quarter ended Sept.
30, compared with 8.80 billion rupees a year earlier, the private sector lender said in a statement.Gross bad loans as a percentage of total loans stood at 1.09 percent at end-September, compared with 1.15 percent in the previous quarter and 1.08 percent a year earlier.Interest earned rose 29.2 percent to 54.38 billion rupees.
Thomson Reuters 2018(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)