IndusInd Bank records meagre 4% deposit growth

Out of the total deposits 34 per cent was contributed by retail and small business customers. It’s CASA ratio stood at 40.5 per cent at the end of March 2020, which was at 43.1 per cent in March 2019 and 42.4 per cent at the end of December. The bank had recently said that it saw a tenth of its deposits flow, as one major state-government withdrew its liabilities.

from Banking/Finance-Industry-Economic Times https://ift.tt/2XgJQrs