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IndusInd Bank’s deposits up 21% in Q2FY22

05 Oct 2021 Evaluate

IndusInd Bank’s deposits grew 21% to Rs 2,75,486 crore as of September 30, 2021 (Q2FY22), as compared to Rs 2,28,279 crore on a yearly basis. Moreover, the deposits stood at Rs 2,67,630 crore as of June 2021(Q1FY22). Net Advance stood at Rs 2,21,821 crore as of September 30, 2021, posting a 10% rise in year-on-year (YoY) terms against Rs 2,01,247 crore as of September 30, 2020 and quarter-on-quarter (QoQ) basis stood at Rs 2,10,727 crore in June 2021.

The CASA Ratio stood at 42.1% as of September 30, 2021 versus 42.1% as of June 30, 2021.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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