IndusInd Bank Q3 profit: IndusInd Q3 profit falls 39% on higher provisions

Mumbai: Private sector IndusInd Bank‘s profit declined 39% to ₹1,401 crore in the quarter ended December 2024 from ₹2,301 crore a year ago due to higher provisions, as it set aside more funds to cover for an increase in bad loans, particularly in the microfinance sector.

The profit decline…