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IndusInd Bank’s net advances rise 16% in Q1FY25

05 Jul 2024 Evaluate

IndusInd Bank’s net advances stood at Rs 3,48,107 crore (provisional) as of June 30, 2024 (Q1FY25), posting a 16% rise in year-on-year (YoY) terms against Rs 3,01,317 crore as of June 30, 2023. Total deposits grew 15% to Rs 3,98,632 crore (provisional) as of June 30, 2024, as compared to Rs 3,47,347 crore as of June 30, 2023. CASA Ratio stood at 36.7% as of June 30, 2024 versus 39.9% as of June 30, 2023.

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

Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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