Indusind Bank has reported rise in net advances to approximately Rs 209,914 crore as of March 31, 2020, a growth of around 13% as compared to Rs 186,393 crore as of March 31, 2019. The Bank’s deposits also increased to approximately Rs 202,303 crore in March 31, 2020, with marginal growth of 4% as compared to Rs 194,868 crore as of March 31, 2019 and Retail deposits and deposits from small business customers increased to approximately Rs 62,587 crore in March 31, 2020, registering a growth of 34% as compared to Rs 46,651 crore as of March 31, 2019.
But, the share of CASA (current, savings accounts deposits) has fallen to 40.5 percent from 42.4 percent in December.
IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.
