CEO, CFO Of Scam-Hit Karvy Arrested In Indusind Bank Default Case


Private sector lender IndusInd Bank on Tuesday mentioned it has posted a ten per cent progress in advances at Rs 2,21,821 crore for the second quarter ended September 30.

Net advances stood at Rs 2,01,247 crore on the finish of the second quarter of the final monetary 12 months, IndusInd Bank mentioned in a regulatory submitting.

The financial institution”s deposits additionally rose by 21 per cent (year-on-year) to Rs 2,75,486 crore within the quarter below assessment, from Rs 2,28,279 crore in the identical interval a 12 months in the past, it mentioned.

IndusInd Bank”s low-cost deposits — present account and saving deposits (CASA) — stood at 42.1 per cent of the full liabilities in the course of the quarter.

(PTI)




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