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Time of India
37 minutes ago
- Time of India
IndusInd Bank shares in focus after Q1 business update shows 4% YoY drop in advances
IndusInd Bank shares may remain under pressure after its Q1FY26 business update showed a 3.9% YoY drop in net advances and a 0.3% fall in deposits. The corporate banking segment saw a sharp 14.4% decline in loans, while CASA ratio and LCR also weakened. The stock is still down over 40% in the past year despite recent short-term gains. Tired of too many ads? Remove Ads Segment highlights: Tired of too many ads? Remove Ads Corporate Banking net advances declined sharply by 14.4% YoY and 6.2% QoQ. Consumer Finance portfolio rose 4.8% YoY but edged lower by 0.9% QoQ. Retail and Small Business Deposits stood at Rs 1.84 lakh crore as of June 30, 2025, slightly down from Rs 1.85 lakh crore in March. The bank's daily average Liquidity Coverage Ratio (LCR) for Q1FY26 was 141.27%, marginally lower than 145.26% as of June 30. IndusInd Bank share price history Shares of IndusInd Bank are expected to be in focus on Monday, July 7, after the lender released its Q1FY26 business update post-market hours on Friday, reporting a 3.9% year-on-year (YoY) decline in net advances and a 0.3% YoY fall in per regulatory filings, the bank's net advances stood at Rs 3.34 lakh crore as of June 30, 2025, compared to Rs 3.47 lakh crore a year ago. Sequentially, advances declined 3.1%, down from Rs 3.45 lakh crore at the end of March also saw a mild annual dip, falling to Rs 3.97 lakh crore as of June 30, 2025, from Rs 3.98 lakh crore a year earlier. On a quarter-on-quarter (QoQ) basis, deposits dropped 3.3%, from Rs 4.10 lakh crore in Current Account Savings Account (CASA) ratio declined both annually and sequentially, falling to 31.49% in Q1FY26 from 32.81% in Q4FY25 and 36.67% in Q1FY25, indicating a shift in the deposit the past year, shares of IndusInd Bank have declined by 40.67%. On a year-to-date (YTD) basis, the stock is down 11.66%, and over the last six months, it has dropped 14.22%. However, in the shorter term, the stock has gained 25.50% in the past three months and 5.11% over the last Friday, IndusInd Bank shares closed 0.7% lower at Rs 856.20 on BSE.: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
an hour ago
- Time of India
Lynx extend home win streak to 11 after close win over Sky
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Time of India
7 hours ago
- Time of India
Wimbledon 2025 Monday schedule, Sunday results: Carlos Alcaraz wins, Novak Djokovic, Jannik Sinner play on Monday
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