Stock to watch: IndusInd Bank shares in focus as net advances jump 13% YoY, deposits rise 15% in Q2FY25
IndusInd Bank reports a 13% year-on-year rise in net advances to Rs 3,56,980 crore for September 2024, and a 15% increase in deposits to Rs 4,12,704 crore. Sequential gains of 3% and 4% respectively are also noted. CASA ratio declines to 35.9%.