BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
IndusInd Bank Ltd.’s consistent efforts in strengthening its liability franchise have been yielding results.
After witnessing a sharp run down in deposits over March 2020, the management has increased its focus on garnering retail deposits.
The same has grown by 59% YoY in September 2021, while the mix as per liquidity coverage ratio disclosures rose 980 basis point YoY to 41%.
Loan growth over the past few quarters have been modest due to a challenging business environment and weak demand as the corporate book witnessed a decline over FY21.
However, IndusInd Bank is witnessing a healthy recovery as it reported a QoQ growth of ~5% over Q2 FY22.
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