IndusInd Bank’s CEO expressed confidence, stating that there are no apparent signs of stress on the unsecured portfolio at the moment. Despite this assurance, the bank remains vigilant, aiming to limit the unsecured portfolio to 5% of its total book value.
IndusInd Bank Stock Update
Currently trading at a 3% decline, standing at ₹1396, the bank’s opening value was at ₹1424.85, with a previous close at ₹1435.40. The CEO’s cautious approach underscores the bank’s proactive stance in managing its portfolios amidst market uncertainties.
