IndusInd Bank`s deposits up 13% in Q1FY23
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IndusInd Bank’s deposits grew 13% to Rs 3,03,094 crore as of June 30, 2022 (Q1FY23), as compared to Rs 2,67,630 crore on a yearly basis. On a quarterly basis, the deposits were up 3% from Rs 2,93,681 crore as of March 2022.
Net Advance stood at Rs 2,49,541 crore as of June 30, 2022, posting a 18% rise in year-on-year (YoY) terms against Rs 2,10,727 crore as of June 30, 2021 and in quarter-on-quarter (QoQ) basis stood at Rs 2,39,052 crore in March 2022. CASA Ratio stood at 43.2% as of June 30, 2022 versus 42.8% as of March 31, 2022.
IndusInd Bank is one of the fastest-growing banks in the banking sector in India.
