IndusInd Merger To Have Positive Impact On NIMS: Ashika Stock Broking
  • WebDesk BTVI
  • Jul 12 2019

Ashutosh Mishra, Head of Research, Ashika Stock Broking expects IndusInd merger to have a positive impact on NIMS with margins likely to expand to 4.3% and driven by high-yielding book of Bharat Financial. He says the bank's PAT seen at Rs 1,111 up 7.3% year on year. NII seen at Rs 2,826 Cr up 33% quarter on quarter.