India's IndusInd Bank beats Q4 profit view on strong loan growth

India's IndusInd Bank narrowly beat fourth-quarter profit estimates on Thursday, aided by healthy loan growth, but the lending margin dropped slightly both on a sequential and year-on-year basis.The private lender posted a net profit of 23.47 billion rupees ($281.7 million) for the quarter ended March 31, compared with 20.41 billion rupees a year earlier.