IndusInd Bank has reported rise in net advances to Rs 2,13,049 crore as of March 31, 2021 (Q4FY21), a marginal growth of 3% as compared to Rs 2,06,783 crore as of March 31, 2020. The Bank’s deposits also increased to Rs 2,56,158 crore in March 31, 2021, with growth of 27% as compared to Rs 2,02,040 crore as of March 31, 2020. The Bank had a current and savings account (CASA) ratio of 41.8% as on March 31, 2021, compared to 40.5% as on December 31, 2020 and 40.4% as on March 31, 2020.
IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.
