IndusInd Bank stock falls 1.48 percent as Q2 growth meets a funding test

Published on 10/07/2026 at 07:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IndusInd Bank stock traded at INR 892.70 on October 7, 2026, after Q2 net advances rose 11.2 percent. Deposits grew 10.1 percent, while CASA fell to 28 percent.

IndusInd Bank, INE095A01012, Illustration mit AI erstellt.

IndusInd Bank (ISIN INE095A01012) was trading at INR 892.70 on the NSE on October 7, 2026 at 10:40 a.m. IST, down 1.48 percent from the prior close. The bank's September-quarter business update showed double-digit credit and deposit growth, but funding mix remains a key metric for the October results.

Q2 advances deliver double-digit growth

According to CNBC TV18 on October 5, 2026, net advances reached INR 362,393 crore as of September 30, 2026, up 11.2 percent from INR 325,881 crore a year earlier. The sequential increase was 11.1 percent, giving loan growth a stronger quarterly profile than the annual comparison alone suggests.

Total deposits stood at INR 429,038 crore on September 30, 2026, up 10.1 percent year over year and 3.4 percent from INR 414,766 crore at the end of June, according to CNBC TV18. The deposit base therefore expanded, although the pace remained below the increase in advances on a sequential basis.

CASA ratio puts funding costs in focus

The CASA ratio was 28 percent at September 30, 2026, compared with 29.4 percent in June and 30.7 percent a year earlier, Moneycontrol reported on October 6, 2026. A lower CASA share can raise the importance of deposit pricing and net interest margin performance when the bank reports its detailed quarterly numbers.

IndusInd Bank also mobilized USD 3.51 billion through the foreign currency non-resident deposit swap facility by September 30, 2026. The related Gift City branch loans stood at USD 1.73 billion, while standby letters of credit totaled USD 0.50 billion, according to CNBC TV18.

October results set the next test

The board is scheduled to consider unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026, on October 23, 2026, according to PSU Connect on September 30, 2026. That release should clarify whether the advances expansion is translating into earnings growth while the CASA ratio remains below its year-earlier level.

IndusInd Bank stock stays below yearly high

IndusInd Bank stock was last at INR 892.70 on the NSE on October 7, 2026 at 10:40 a.m. IST. Its 52-week range was INR 726.30 to INR 1,077.85, while market capitalization stood at INR 695.5 billion on the same date.