IndusInd Bank Q4 update: Net advances decline QoQ, deposits show modest growth

IndusInd Bank

IndusInd Bank reported a mixed performance in its Q4 FY25 business update, with net advances rising 1.4 percent year-on-year (YoY) but declining 5.2 percent quarter-on-quarter (QoQ) to Rs 3.47 lakh crore.

Total deposits grew 6.8 percent YoY and 0.4 percent QoQ to Rs 4.11 lakh crore. However, the Current Account Savings Account (CASA) ratio declined to 32.8 percent, compared to 37.9 percent a year ago and 34.9 percent in the previous quarter.

The bank’s corporate banking segment saw a contraction, with net advances declining 4.9 percent YoY and 15.1 percent QoQ, while the consumer banking business expanded, reporting a 6.3 percent YoY and 3.4 percent QoQ increase.

Retail deposits and deposits from small business customers stood at Rs 1.85 lakh crore as of March 31, 2025, down from Rs 1.88 lakh crore at the end of the previous quarter.

The bank’s daily average Liquidity Coverage Ratio (LCR) for Q4 FY25 was at 118.4 percent, with the LCR as of March 31, 2025, at 136.2 percent.