IndusInd Bank’s vehicle, MFI loans shrink on lower disbursements, external disruptions

The MFI book contracted by over ₹2,000 crore, or 5% sequentially, to ₹37,046 crore. Disbursements for the quarter were ₹8,000 crore, much lower than the historical average of ₹12,000-13,000 crore. The vehicle finance portfolio fell 5% on year and 6% on quarter.