What does CLSA's downgrade mean for IndusInd Bank's future?
- Posted on May 17, 2025
- By Business News Today
- 1 Views
What does CLSA's downgrade mean for IndusInd Bank's future?
The brokerage said it cut its FY25 Profit after Tax (PAT) estimates by 22% due to this ₹6.74 billion reversal. It also slashed the FY26 and FY27 PAT estimates by 13%-17%, citing Net Interest Margin (NIM) compression and lower growth.
