IndusInd Bank reported a 5.2 per cent rise in third-quarter profit on Wednesday, helped by higher interest income.
Net profit was Rs 985 crore ($139.65 million) for quarter ended December 31, compared with Rs 936 crore a year earlier, bank said.
Interest earned rose 34.4 per cent to Rs 5,763 crore.Gross bad loans as a percentage of total loans stood at 1.13 per cent at end of December, compared with 1.09 per cent in previous quarter and 1.16 per cent a year earlier.Shares in private sector lender gained 1.39 per cent to close at Rs.
1,599 apiece on NSE, whose benchmark index Nifty closed 53 points higher at 10,855.($1 = Rs 70.53)