IndusInd Bank has reported rise in net advances to Rs 2,07,691 crore as of December 31, 2020 (Q3FY21), a marginal growth of 0.13% as compared to Rs 2,07,413 crore as of December 31, 2019. The Bank’s deposits also increased to Rs 2,39,600 crore in December 31, 2020, with growth of 11% as compared to Rs 2,16,713 crore as of December 31, 2019. The Bank had a current and savings account (CASA) ratio of 40.5% as on December 31, 2020, compared to 40.4% as on September 30, 2020 and 42.4% as on December 31, 2019.
IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.