IndusInd Bank reports 11% growth in net advances in Q2FY27

IndusInd Bank’s net advances stood at Rs 3,62,393 crore as of September 30, 2026 (Q2FY27), posting 11.20% growth in year-on-year against Rs 3,25,881 crore as of September 30, 2025. Deposits of the bank increased by 10.12% to Rs 4,29,038 crore as of September 30, 2026, as compared to Rs 3,89,600 crore as of September 30, 2025. Meanwhile, CASA Ratio stood at 28.0% as of September 30, 2026 versus 30.7% as of September 30, 2025. Impact : The steep drop in the bank's CASA ratio to 28.0% (down from 29.4% QoQ and 30.7% YoY) will act as a direct margin headwind. Replacing cheap current and savings accounts with expensive term deposits or foreign currency FCNR(B) inflows systematically raises the overall cost of funds. View : IndusInd Bank expects short-term pressure on its Q2FY27 NIM, tracking near or just below its core baseline. Despite strong business growth marking a healthy exit from its consolidation phase, rising funding costs continue to dominate investor attention. Disclosure : I do not hold any position in the mentioned stock. Disclaimer : Investment in securities are subject to market risk. This is only for educational purpose.