On quarter on quarter (QoQ) basis, net advances grew by 6% as against Rs 2,72,754 crore posted on 31 December 2022.

The bank reported a 15% growth in deposits to Rs 3,36,443 crore as of 31 March 2023 from Rs 2,93,681 crore as of 31 March 2022 and a rise of 3% over Rs 3,25,485 crore as of 31 December 2022.

CASA ratio stood at 40.1% as of 31 March 2023 compared with 42.8% as of 31 March 2022 and 42% as of 31 December 2022.

The retail deposits and deposits from small business customers amounted to Rs 1,43,021 crore as of 31 March 2023 as compared to Rs 1,37,968 crore as of 31 December 2022, recording a growth of 3.66% QoQ.

IndusInd Bank caters to both consumer and corporate customers. As of 31 December 2022, the bank's distribution network included 2,384 branches/ banking outlets and 2,894 onsite and offsite ATMs. The client base stood at 33 million as on 31 December 2022.

The bank's standalone net profit surged 68.71% to Rs 1,959.20 crore on 19.96% rise in total income to Rs 11,533.74 crore in Q3 FY23 over Q3 FY22.

Shares of IndusInd Bank rose 1.03% to settle at Rs 1,079.15 on Monday, 3 April 2023.