IndusInd Bank’s net advances stood at Rs 2,71,966 crore as of December 31, 2022 (Q3FY23), posting a 19% rise in year-on-year (YoY) terms as against Rs 2,28,583 crore as of December 31, 2021 and on quarter-on-quarter (QoQ) basis, net advances stood at Rs 2,60,129 crore as of September 2022.
The bank’s deposits grew 14% to Rs 3,25,491 crore as of December 31, 2022, as compared to Rs 2,84,827 crore as of December 31, 2021 (on a yearly basis). On a quarterly basis, the deposits stood at Rs 3,15,921 crore as of September 2022. CASA Ratio stood at 42.0% as of December 31, 2022 versus 42.4% as of September 30, 2022.
IndusInd Bank is one of the fastest-growing banks in the banking sector in India.