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IndusInd Bank is stock pick of the week: 4 reasons why
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The private sector bank reported good numbers in the first quarter of 2023-24, with improvement in net interest income, healthy loan growth, lower credit costs and a decline in provisions. The reported net profit of `2,124.5 crore grew 30% y-o-y and was 1.6% higher than the consensus estimates of analysts compiled by Reuters-Refinitiv.
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