New Delhi, Oct 5 (PTI) Private sector lender IndusInd Bank on Tuesday said it has posted a 10 per cent growth in advances at Rs 2,21,821 crore for the second quarter ended September 30.

Net advances stood at Rs 2,01,247 crore at the end of the second quarter of the last financial year, IndusInd Bank said in a regulatory filing.

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The bank's deposits also rose by 21 per cent (year-on-year) to Rs 2,75,486 crore in the quarter under review, from Rs 2,28,279 crore in the same period a year ago, it said.

IndusInd Bank's low-cost deposits -- current account and saving deposits (CASA) -- stood at 42.1 per cent of the total liabilities during the quarter.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)