IndusInd Bank Reports 21% Y-O-Y Growth In Q4FY23 Advances

IndusInd Bank's net advances grew 21% YoY in Q4FY23.

Net advances were Rs 2,89,965 crore in Q4FY23.

Net advances were Rs 2,72,754 crore in December 2022.

Deposits increased 15% to reach Rs 3,36,443 crore as of March 31, 2023.

CASA Ratio decreased to 40.1% as of March 31, 2023.

Retail deposits and small business deposits grew 3.66% QoQ.

IndusInd Bank's stock was trading 1.33% lower at Rs 1,064.45 apiece.

Previous close was Rs 1,078.75 on NSE.

The intraday high was Rs 1,089.20 and the low was Rs 1,060.10.

All figures are as of March 31, 2023, unless otherwise stated.