IndusInd Bank’s net advances stood at Rs 2,89,965 crore as of March 31, 2023 (Q4FY23), posting a 21% rise in year-on-year (YoY) terms as against Rs 2,39,052 crore as of March 31, 2022 and on quarter-on-quarter (QoQ) basis, net advances stood at Rs 2,72,754 crore as of December 2022.
The bank’s deposits grew 15% to Rs 3,36,443 crore as of March 31, 2023, as compared to Rs 2,93,681 crore as of March 31, 2022 (on a yearly basis). On a quarterly basis, the deposits stood at Rs 3,25,485 crore as of December 2022. CASA Ratio stood at 40.1% as of March 31, 2023 versus 42.0% as of December 31, 2022.
IndusInd Bank is one of the fastest-growing banks in the banking sector in India.
