India's IndusInd Bank set for worst day in more than 4 years on Q2 profit slump
** IndusInd Bank INBK.NS plunges to NSE-allowed lower limit of 15%; set for biggest intraday pct fall since March 31, 2020
** Stock top loser on Nifty 50 index .NSEI and Nifty private bank index .NIFPVTBNK
** Private lender posts 39% fall in Q2 net profit, hurt by stress in microfinance loans which led to higher provisions
** Says won't be able to maintain annual loan growth outlook
** More than 16 mln shares traded, 5x the 30-day avg, in busiest day since Nov 30, 2022
** Eight of the 41 analysts covering stock slash PT post results; avg rating still remains "buy" - LSEG
** INBK down 28% so far this year
($1 = 84.0680 Indian rupees)
Reporting by Ashna Teresa Britto in Bengaluru
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