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IndusInd Bank’s deposits up 19% in Q3FY22

05 Jan 2022 Evaluate

IndusInd Bank’s deposits grew 19% to Rs 2,84,835 crore as of December 31, 2021 (Q3FY22), as compared to Rs 2,39,584 crore on a yearly basis. On a quarterly basis, the deposits were up 3% from Rs 2,75,473 crore as of September 2021.

Net Advance stood at Rs 2,28,128 crore as of December 31, 2021, posting a 10% rise in year-on-year (YoY) terms against Rs 2,07,128 crore as of December 31, 2020 and in quarter-on-quarter (QoQ) basis stood at Rs 2,20,808 crore in September 2021. CASA Ratio stood at 42.2% as of December 31, 2021 versus 42.1% as of September 30, 2021.

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

Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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