Indusind Bank Ltd Q2 FY27 results due October 23

IndusInd Bank’s board will meet on October 23, 2026 to approve unaudited standalone and consolidated Q2 and H1 FY27 results, with an analyst earnings call on October 23. In its Q2 provisional update, the bank reported net advances of ₹3.62 lakh crore, up 11.2% year-on-year, deposits of ₹4.29 lakh crore, up 10.1%, CASA ratio of 28% (down from 30.7% YoY), and $3.51 billion in FCNR(B) deposits mobilised under the RBI swap facility. On the business side, the bank launched a dedicated banking vertical for India’s Global Capability Centres (GCCs), combining corporate and employee banking under one relationship, and rolled out festive-season credit-card offers across MakeMyTrip, Reliance Digital, Vijay Sales, Tata CLiQ, Zepto and Blinkit. On the market side, shares rose 2.85% on October 13, outperforming Kotak Mahindra Bank; however, MarketsMojo downgraded the stock from Buy to Hold on October 12, citing mixed technicals and valuation concerns despite encouraging Q1 FY27 operating-profit growth. The bank also received an ESG rating of 73 (Niche99) and appointed Sanjeev Asthana as Additional Independent Director.