IndusInd Bank Reports Mixed Q4 FY26 Performance with Decline in Net Advances
IndusInd Bank's quarterly business update for March 31, 2026, shows Net Advances of Rs. 3,15,154 crores (down 8.7% YoY) and Deposits of Rs. 4,00,178 crores (down 2.6% YoY but up 1.6% QoQ). The CASA ratio improved to 31.3% from 30.2% in the previous quarter, while retail and small business deposits reached Rs. 1,91,276 crores, indicating selective growth in the funding profile despite overall contraction in the lending portfolio.

*this image is generated using AI for illustrative purposes only.
IndusInd Bank has submitted its quarterly business update to stock exchanges, revealing key financial metrics as of March 31, 2026. The disclosure, made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, presents a mixed performance picture for the private sector lender.
Key Financial Metrics Performance
The bank's core business metrics showed varied trends across different parameters. Net Advances experienced a notable decline, while the deposit base demonstrated resilience with quarterly growth despite annual contraction.
| Particulars | March 31, 2025 | December 31, 2025 | March 31, 2026 | YoY % | QoQ% |
|---|---|---|---|---|---|
| Net Advances | 3,45,019 | 3,17,536 | 3,15,154 | -8.7% | -0.8% |
| Deposits | 4,10,862 | 3,93,815 | 4,00,178 | -2.6% | 1.6% |
| CASA Ratio | 32.8% | 30.2% | 31.3% | - | - |
Advances and Lending Portfolio
Net Advances stood at Rs. 3,15,154 crores as of March 31, 2026, marking a year-on-year decline of 8.7% from Rs. 3,45,019 crores recorded in March 2025. On a quarterly basis, advances contracted by 0.8% from Rs. 3,17,536 crores in December 2025. This contraction in the lending portfolio reflects the challenging operating environment and the bank's credit strategy during the period.
Deposit Base and Funding Profile
The bank's total deposits amounted to Rs. 4,00,178 crores as of March 31, 2026, representing a 2.6% decline from Rs. 4,10,862 crores in the corresponding period of the previous year. However, deposits showed quarterly growth of 1.6% from Rs. 3,93,815 crores in December 2025, indicating improved deposit mobilization in the final quarter.
CASA Performance and Retail Segment
The Current Account Savings Account (CASA) ratio improved to 31.3% as of March 31, 2026, compared to 30.2% in the previous quarter, though it remained below the 32.8% level achieved in March 2025. Retail deposits and deposits from small business customers reached Rs. 1,91,276 crores, showing growth from Rs. 1,84,473 crores in December 2025 and Rs. 1,85,180 crores in March 2025.
Regulatory Compliance and Audit Status
The bank emphasized that all reported information remains subject to audit by statutory auditors. The quarterly update was filed in accordance with SEBI regulations and the bank's code of practices for fair disclosure of unpublished price sensitive information under insider trading regulations.
Historical Stock Returns for Indusind Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.88% | -4.85% | -18.61% | +4.78% | +14.06% | -21.60% |
What strategic measures will IndusInd Bank implement to reverse the 8.7% year-on-year decline in net advances and restore lending growth?
How might the bank's mixed performance impact its credit rating and cost of funds in the upcoming quarters?
Will IndusInd Bank need to revise its FY2027 guidance given the current trends in loan portfolio contraction?


































