Mumbai:IndusInd Bank on Thursday posted a mixed set of numbers when the private sector lender reported December quarter net profit in line with expectations but witnessed a marginal rise in bad loans.
Net interest income of the bank stood at ₹451.48 crore during Q3 of 2017-18 against ₹376.51 crore in the corresponding period of the previous fiscal. According to eight Bloomberg analysts' estimates, the bank was expected to post a profit of Rs945 crore.
The bank's net interest income increased by 20 per cent to Rs 1,894.81 crore from Rs 1,578.42 crore earned during the corresponding quarter of the previous year.
Gross non-performing assets (NPAs) advanced 54.25% to Rs1,498.70 crore at the end of the December quarter from Rs971.62 crore in the same quarter previous year.
Net Interest Margin (NIM) remained subdued in Q3FY18 to 3.99%, compared to 4% each witnessed in Q3FY17 and Q2FY18 respectively.
But now that North Korea has developed the weapons and the missiles to carry them, it's not likely to give it up, experts say. In that conversation, the two leaders promised to intensify policy coordination on the North Korean nuclear issue.
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I'm just going to go out there, try to weather the storm, and try to play my game", De Minaur said. "Unbelievable. Andy Murray and Novak Djokovic arrived here one year ago as the top two seeds at the Australian Open .
In construction sector, the Government clarified that real-estate broking service eligible for 100% FDI under automatic route. Earlier also 100 per cent FDI was allowed in the segment, but it required government approval.
James Brokenshire said he was quitting because he is about to have surgery for a lesion on his lung and will need time to recover. Theresa May, centre, with the new Tory party chairman Brandon Lewis , left, and his deputy James Cleverly right.
Congress has to make a budget deal by January 19 or face shutting down the federal government - except for essential services. The House has unveiled an immigration bill one day after a lengthy meeting between lawmakers and the president.
Why are they taking risks? " China is a powerful country but we are not a weak nation", Bipin said, Times of India reports. Militarily, the focus has to shift to the northern borders - for too long we have focused on the western borders.
For those who haven't been keeping up, Detective Pikachu is a mystery adventure game, somewhat similar to the Ace Attorney titles. While Ryan Reynolds has the role of Detective Pikachu in the upcoming feature film, he's not the voice you hear in the trailer.
Crimson Days ( Destiny's Valentine's Day event) will be on this year (after having skipped last year ), starting February 13. When multi-emote launches, you will be able to choose which emote you have equipped to each of your four emote slots.
Celebrity Big Brother star: 'I was abducted by aliens'
Emma Willis asked India whether the outcome would have been different if the men of the house had been in charge of the eviction. In scenes to air tonight, a sheepish India admits in the Diary Room she's cringing looking back on her behaviour.
Critics' Choice Awards: Nicole Kidman thanks all her kids
As well as thanking her children when accepting her Critics' Choice Award , Nic also shone a light on Big Little Lies co-stars. Not everyone was impressed was Emma Roberts " look but we reckon her blunt new "do may have had something to do with it.
Trump Says He Doesn't Think Winfrey Will Run
Another tweeted: 'I mean, it's been fun to joke about Oprah running for president, but that speech really was presidential. If she runs, she will destroy anyone in front of her". "I don't think she had any intention of declaring", she added.
Merkel pledges 'fresh start' for Europe with new government
The parties pledged that Germany will play an active role in the debate on the EU's future and strengthening European integration. The three coalition parties' support dropped by a cumulative total of almost 14 percentage points in the election.
Nurses Accuse Hollywood Icon Stan Lee Of Sexual Harassment
On December 20th the owner of the nursing company received a "cease and desist" letter from Lee's attorney, Tom Lallas . Marvel visionary Stan Lee's puck drop at an upcoming Arizona Coyotes pregame has been cancelled, AZCentral reports.
NBC To Stream Olympics Video In Virtual Reality
And when they land on the top of the podium, they'll be wearing intensely warm gear that was unveiled Tuesday by Nike and the U.S. Overall, Emrick has worked five Olympic Games for NBC, two for CBS and one for TNT, including sports other than hockey.
Elliott DeGeneres, proud father of Ellen DeGeneres
The rain triggered massive mudslides . "This looks photoshopped", DeGeneres says showing the photo on the screen behind her. Our hearts go out to DeGeneres. "In addition to what's going on in Montecito , I lost my dad this week", DeGeneres said.