Financial Overview and Growth Strategy

Deposit Growth Driven by Granular Retail Deposits; Building Stable Low-Cost Deposit Book Deposits (*crs) 3,47,047 3,36,120 3,25,278 3,15,532 3,02,719 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Cost of Deposits (%) Retail Deposits as per LCR (*crs)* Retail Deposits Share of Retail Deposits (%) 43% 43% 42% 41% 41% 15% YoY IIIII 21% YoY 1,50,691 1,24,105 1,29,990 1,43,021 3% QoQ 1,37,968 5% QoQ 5.47% 5.81% 6.12% 4.79% 5.10% 133bps YoY Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 31bps QoQ * Retail deposits and deposits from small business customers as defined by LCR as at period end. 15 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Key Focus Areas Expanding branch network Focus on target market segments Growth driven by retail customer acquisitions Scaling up new businesses - Affluent and NRI Leverage BFIL for rural customers Building Merchant Acquiring Business Digital Partnerships & Alliances Exploring Community Banking Approach for select segments Innovative service propositions Executing Digital 2.0 with planned Individual and SME launches IndusInd Bank

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