Indusind Bank has reported 18% rise in net advances to Rs 3,42,857 crore (Provisional) as of March 31, 2024 (Q4FY24) as compared to Rs 2,89,924 crore in Q4FY23. In Q3FY24, net advances stood at Rs 3,27,057 crore. Its deposits grew 14% to Rs 3,84,789 crore (Provisional) in Q4FY24 as compared to Rs 3,36,438 crore in Q4FY23. CASA Ratio stood at 37.9% as of March 31, 2024 as compared to 40.1% as of March 31, 2023.
Indusind Bank is one of the fastest-growing banks in the banking sector in India.