IndusInd Bank shares in focus after loan book falls over 10% in Q3, deposits decline too

Shares of Mumbai-based private lender IndusInd Bank Ltd

. will be in focus on Tuesday, January 6, in response to the quarterly business update that the lender shared after market closing hours on Monday.

For the December quarter, IndusInd Bank's loan book growth was a negative 13%. Net advances fell to ₹3.18 lakh crore as of December 2025, compared to ₹3.66 lakh crore in December last year. Even on a sequential basis, loan book growth was down 2.2%.

Deposits for the lender also saw a decline in the December quarter, declining to ₹3.94 lakh crore, compared to ₹4.09 lakh crore last year. However, the figure was higher than the ₹3.89 lakh crore seen during the September quarter.

IndusInd Bank's Current Account, Savings Account (CASA) ratio stood at 30.3%, down from 34.9% last year and 30.7% at the end of the September quarter.

The lender had reported a net loss in the September quarter after reporting a net profit during the June period.

While it is yet to disclose its shareholding for the December quarter, Mutual Funds had a 23.6% stake in the lender at the end of the September quarter. Funds such as UTI MF, Nippon Life MF, Kotak Mahindra MF, Mirae Asset MF, HDFC MF, ICICI Prudential MF, feature in the list of public shareholders on the BSE at the end of the September quarter.

India's largest insurance company, Life Insurance Corporation of India (LIC) also had a 5.1% stake in the lender.

Government of Singapore, Government Pension Fund Global, BNP Paribas are among the prominent foreign institutions who have stake in IndusInd Bank.

Close to 7 lakh small retail shareholders, or those with authorized share capital of up to ₹2 lakh have a 9% stake in the lender at the end of the September quarter.

Shares of IndusInd Bank ended lower on Monday at ₹897, and while they are significantly off the record high levels seen earlier, the stock has recovered nearly 50% from the heights of the derivative accounting crisis, which had taken the stock to its 52-week low of ₹606.