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IndusInd Bank Q4 deposits up 27 per cent, net advances rise 3 per cent


IndusInd Bank Q4 deposits up 27 per cent, net advances rise 3 per cent
April 05, 2021
Deposits at ₹2.56 lakh crore as on March 31, 2021
Private sector lender IndusInd Bank reported a 3 per cent increase in net advances and 27 per cent rise in deposits as on March 31, 2021, compared to a year ago.
According to a regulatory filing by the bank on Monday, its net advances increased to ₹2.13 lakh crore as on March 31, 2021, versus ₹2.06 lakh crore a year ago. Even sequentially, net advances increased by 3 per cent from ₹2.07 lakh crore as on December 31, 2020.
Deposits increased to ₹2.56 lakh crore as on March 31, 2021, compared to ₹2.02 lakh crore a year ago. ....

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