- IndusInd Bank's net advances fell 8.7% yearly to Rs 3.15 lakh crore in Q4 FY26
- Advances declined 0.8% sequentially from Rs 3.17 lakh crore in the previous quarter
- Total deposits dropped 2.6% yearly but rose 1.6% sequentially to Rs 4 lakh crore
IndusInd Bank Ltd. reported a mixed operational performance for the fourth quarter of the financial year ending March 2026. The private lender's loan growth remained under pressure, even as deposits showed a modest sequential improvement, according to its provisional business update.
Advances Contract, Deposits Show Recovery
IndusInd Bank's net advances for the March quarter stood at Rs 3.15 lakh crore, which accounts for an 8.7% yearly decline compared to Rs 3.45 lakh crore. On a sequential basis, advances slipped 0.8% from Rs 3.17 lakh crore as of December-end.
Meanwhile, total deposits for IndusInd Bank for the March quarter came in at Rs 4 lakh crore, down 2.6% year-on-year from Rs 4.10 lakh crore. But on a sequential basis, deposits rose 1.6% from Rs 3.93 lakh crore, indicating some improvement in terms of liability traction during the quarter.
The bank's CASA (current account savings account) ratio stood at 31.3%, improving from 30.2% in the December quarter but still below 32.8% reported a year earlier, reflecting continued pressure on low-cost deposit mobilisation.
Retail Deposits Provide Support
Retail deposits and deposits from small business customers rose to Rs 1,91 lakh crore as of March 31, 2026, compared with Rs 1.84 lakh crore in the previous quarter, suggesting steady traction in granular deposit segments.
All things considered, it was a mixed quarter for IndusInd Bank, where balance sheet growth remained subdued, with incremental improvement on the deposit side but continued weakness in advances.
ALSO READ: HDFC Bank Q4 Business Update: Credit-Deposit Gap Widens As Loans Outpace Deposits
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.