IndusInd Bank Q1 Update: Net advances decline 2%, deposits up 5% YoY

IndusInd Bank Q1 Update: Net advances decline 2%, deposits up 5% YoY


Private sector lender IndusInd Bank Ltd on Friday (July 3) reported a 2.3% year-on-year decline in net advances to ₹3,26,171 crore as of June 30, 2026, according to its Q1 FY27 business update.

On a sequential basis, net advances rose 3.3% compared with ₹3,15,871 crore in March 2026. Total deposits increased 4.5% year-on-year to ₹4,14,992 crore, and were up 3.8% quarter-on-quarter from ₹3,99,931 crore.

The bank reported that retail deposits and deposits from small business customers stood at ₹1,93,618 crore, compared with ₹1,91,263 crore in March 2026 and ₹1,84,623 crore in June 2025. The CASA ratio stood at 29.5%, down from 31.2% in March 2026 and 31.5% in June 2025.

ALSO READ | IndusInd Bank to make 5 credit card changes from June 15: Full list of new fees, interest rules

Shares of IndusInd Bank Ltd ended at ₹975.65, up by ₹32.20, or 3.41%, on the BSE.



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