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2026-07-06 10:49:03 am | Source: Motilal Oswal Financial Services Ltd
Company Update : IndusInd Bank by Motilal Oswal Financial Services Ltd
Company Update : IndusInd Bank by Motilal Oswal Financial Services Ltd

Pickup in business momentum; CASA ratio declines to 29.5%

* Net advances grew 3.3% QoQ (down 2.3% YoY) to INR3.26t (beating our estimates of +1.2% QoQ/ 4.2% YoY decline).

* Deposits grew by 3.8% QoQ/4.5% YoY to INR4.14t, above our estimated growth of 0.5% QoQ/1.2% YoY. CASA declined to 29.5% from 31.2% as of 4QFY26.

* Retail deposits and deposits from small business customers amounted to INR1.93t vs. INR1.91t as of 4QFY26.

 

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