IndusInd Bank has reported rise in net advances to Rs 2,00,242 crore as of September 30, 2020 (Q2FY21), a marginal growth of 2% as compared to Rs 1,97,113 crore as of September 30, 2019. The Bank’s deposits also increased to Rs 2,28,460 crore in September 30, 2020, with growth of 10% as compared to Rs 2,07,193 crore as of September 30, 2019. The Bank had a current and savings account (CASA) ratio of 40.4% as on September 30, 2020, compared to 40.1% as on June 30, 2020 and 41.4% as on September 30, 2019.
IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.