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IndusInd Bank: More scope on high growth
> We believe INBK will deliver profit CAGR of 22% FY2011-FY2014E
> We believe this growth will be driven by (1) Increasing CASA (2) higher cross-sell resulting in
increased income Above industry loan growth and (4) INBK is planning to undertake significant branch expansion, This should drive up INBK’s CASA ratio…
Visit http://indiaer.blogspot.com/ for complete details �� ��
IndusInd Bank: More scope on high growth
> We believe INBK will deliver profit CAGR of 22% FY2011-FY2014E
> We believe this growth will be driven by (1) Increasing CASA (2) higher cross-sell resulting in
increased income Above industry loan growth and (4) INBK is planning to undertake significant branch expansion, This should drive up INBK’s CASA ratio…
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