CLSA has a buy call on IndusInd Bank Ltd. with a target price of Rs 1500 . The current market price of IndusInd Bank Ltd. is Rs 1081 . Time period given by analyst is a year when IndusInd Bank Ltd. price can reach defined target. Corporate loans will not only aid growth but can also de-risk loan mix, said the CLSA note. The fee growth of 23 per cent lagged loan growth, but asset quality remains strong. CLSA sees 26 per cent CAGR in profit over FY16-19CL aided by a healthy rise in topline, and stable credit costs.
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