IndusInd Bank has reported rise in net advances to Rs 2,00,357 crore as of June 30, 2020 (Q1FY21), a marginal growth of 4% as compared to Rs 1,93,520 crore as of June 30, 2019. The Bank’s deposits also increased to Rs 2,11,970 crore in June 30, 2020, with growth of 6% as compared to Rs 2,00,586 crore as of June 30, 2019. The Bank had a current and savings account (CASA) ratio of 40.2% as on June 30, 2020, compared to 40.4% as on March 31, 2020 and 43% as on June 30, 2019.
IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.
