Brokerages remain upbeat on IndusInd Bank after its third quarter results, which saw the bank post a 25 per cent rise in net profit. Here's what brokerages are saying about IndusInd BankCLSA said moderation in IndusInd Bank's NII growth to 20 per cent was disappointing but added that the lender's earnings growth was helped by operating efficiency and moderation in credit costs. CLSA sees IndusInd delivering 25 per cent profit CAGR over FY17-FY20. IndusInd's topline momentum should resume in the next few quarters, said JM FinancialThe Japan-headquartered firm expects IndusInd Bank to report an EPS CAGR of 28 per cent over FY17-FY20 period. Nomura sees low risk to earnings expectations with the bank meeting its critical targets like CASA ratio.

Source: Economic Times January 15, 2018 04:18 UTC