The Reserve Bank of India has confirmed that IndusInd Bank is financially stable and adequately capitalised. Depositors are advised not to react to sp

RBI statement assures depositors that IndusInd Bank is well-capitalised and the financial position of the bank remains satisfactory.

The Reserve Bank of India on Saturday has said that IndusInd Bank is well capitalised and its financial position remains stable amid concerns about accounting discrepancy worth Rs 2,100 crore

Amid the ongoing crisis in the IndusInd bank, the Reserve Bank of India (RBI) on Saturday released a statement stating that the bank is well capitalised and financially stable.The RBI said, "The Reserve Bank would like to state that the bank is well-capitalised and the financial position of the bank remains satisfactory.

The bank had last week revealed a potential 2.35 per cent adverse impact on its net worth after an internal review of its derivative portfolio. The derivative losses will have an approximate impact of Rs 2,

The Reserve Bank of India has directed IndusInd Bank to address a significant accounting discrepancy amounting to Rs 2,100 crore within the current quarter. The bank's net worth impact is estimated at 2.

The RBI reassured IndusInd Bank customers on Saturday, confirming the bank's financial stability and strong capitalisation, following concerns raised by discrepancies in its derivatives portfolio, which could affect its net worth by 2.

India's central bank said on Saturday that private lender IndusInd Bank is well-capitalised and the financial position of the bank remains satisfactory. Earlier this month, IndusInd Bank reported it had discovered an accounting discrepancy in the way it booked currency derivatives stretching back at least six years.

The Reserve Bank of India reassures that IndusInd Bank remains financially stable despite a Rs 2,100 crore accounting discrepancy. The bank is directed to conclude remedial actions by Q4FY25. Customers are advised not to worry as an external review is underway,