StockWatch
·
Private Sector Bank
Quarterly Updates5 Oct 2026, 08:20 pm

Indusind Bank: Advances Up 11.2% YoY to ₹3.62 Lakh Cr

AI Summary

Indusind Bank reported key financial metrics for the quarter ending September 30, 2026. Net advances grew by 11.2% year-on-year to ₹3,62,393 crore, while deposits increased by 10.1% YoY to ₹4,29,038 crore. The CASA ratio stood at 28.0%. Retail deposits and deposits from small business customers reached ₹2,14,504 crore as of September 30, 2026. The bank also mobilized USD 3.51 billion (~₹33,627 crore) in FCNR(B) deposits under a swap facility. Outstanding loans from the Gift City branch against these deposits were USD 1.73 billion (~₹16,564 crore), with standby letters of credit at USD 0.50 billion (~₹4,772 crore).

Key Highlights

  • Net advances increased 11.2% YoY to ₹3,62,393 crore.
  • Deposits grew 10.1% YoY to ₹4,29,038 crore.
  • CASA ratio declined to 28.0% from 30.7%.
  • Mobilized USD 3.51 billion in FCNR(B) deposits.
  • Retail deposits grew to ₹2,14,504 crore.