IndusInd Bank's advances up 3% YoY and sequentially in Q4FY21

Private sector lender IndusInd Bank saw its advances go up 3 per cent year-on-year (YoY) and sequentially in the March quarter of FY21 (Q4FY21) at Rs 2.13 trillion. In the December quarter, its net advances stood at Rs 2.07 trillion. 

The bank told stock exchanges its deposits have gone up by 27 per cent YoY to Rs 2.56 trillion, of which retail deposits and deposits from small business customers amounted to Rs 95,811 crores at the end of March 2021. Sequentially, the deposit book of the bank was up 7 per cent as the bank had a deposit book of 2.39