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(06/01/2026 10:03)

IndusInd bank loan growth declines 13% in December quarter

IndusInd Bank on Monday reported a 13.1 per cent contraction in loan growth, with advances declining to Rs 3.19 lakh crore in the October–December quarter.

The private sector lender, which had disclosed accounting lapses in its derivatives portfolio last year with a financial impact of Rs 1,960 crore, reported net assets of Rs 3.67 lakh crore at the end of the third quarter of the previous fiscal.

The bank also saw a 3.8 per cent decline in deposits, which stood at Rs 3.94 lakh crore during the reporting quarter, compared with Rs 4.09 lakh crore at the end of the third quarter of the previous financial year, according to a regulatory filing.
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