"Credit card defaults are still high. But this is also expected to reduce in the next two quarters."
From video
Interpreted Prediction
Predicted that Indusind Bank's credit card defaults are expected to reduce within the next two quarters.
AI Evaluation Notes
The prediction stated that Indusind Bank's credit card defaults were expected to reduce within the next two quarters (by mid-October 2025). However, reports for Q2 FY26 (July-September 2025) indicate a deterioration in the bank's overall asset quality, with one report explicitly mentioning a further deterioration in Gross Non-Performing Assets (GNPA) in the consumer segment. This suggests that credit card defaults did not reduce as predicted and likely worsened or remained high.