According to reports from CNBC TV18 and Business Standard, IndusInd Bank reported a 2.3% year-on-year decline in net advances to ₹3,26,171 crore as of June 30, 2026. On a sequential basis, net advances rose 3.3% compared with ₹3,15,871 crore in March 2026. This mixed performance reflects the bank's strategic focus on deposit growth while managing its lending portfolio. The bank offers a comprehensive range of products including microfinance, personal loans, vehicle loans, credit cards, and SME loans.
As reported by CNBC TV18 and Business Standard, total deposits increased 4.5% year-on-year to ₹4,14,992 crore, surpassing the ₹4 lakh crore milestone as of June 30, 2026, compared with ₹3,97,144 crore in June 2025. On a sequential basis, deposits were up 3.8% from ₹3,99,931 crore in March 2026. Retail deposits and deposits from small business customers stood at ₹1,93,618 crore, demonstrating the bank's successful customer acquisition strategy in the retail segment.
According to CNBC TV18 and Business Standard, the bank's CASA ratio stood at 29.5%, down from 31.2% in March 2026 and 31.5% in June 2025. This decline in the current account and savings account ratio indicates a shift in the composition of the bank's deposit base, with lower-yielding deposits potentially contributing to the overall deposit growth. The CASA ratio remains a key metric for measuring the bank's low-cost deposit base.
As reported by CNBC TV18 and Business Standard, shares of IndusInd Bank Ltd jumped 2.19% to ₹997.05 following the Q1 results announcement. The positive market reaction suggests investor confidence in the bank's deposit growth strategy despite the decline in net advances, indicating that the market views the deposit mobilization as a more important metric for future performance. The bank's strong deposit performance helped offset concerns about the decline in advances growth.
