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Indusind Bank soars as its Q3 net advances rise marginally

05 Jan 2021 Evaluate

IndusInd Bank is currently trading at Rs. 919.70, up by 22.15 points or 2.47% from its previous closing of Rs. 897.55 on the BSE.

The scrip opened at Rs. 892.00 and has touched a high and low of Rs. 927.00 and Rs. 883.30 respectively. So far 399379 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1586.55 on 14-Jan-2020 and a 52 week low of Rs. 235.60 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 927.00 and Rs. 883.30 respectively. The current market cap of the company is Rs. 69657.45 crore.

The promoters holding in the company stood at 14.68%, while Institutions and Non-Institutions held 69.05% and 16.27% respectively.

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. 

Indusind Bank Share Price

853.00 -0.15 (-0.02%)
20-Apr-2026 10:40 View Price Chart
Peers
Company Name CMP
HDFC Bank 802.20
ICICI Bank 1365.60
Axis Bank 1365.50
Kotak Mahindra Bank 383.45
Indusind Bank 853.00
View more..

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