IndusInd Bank shares are expected to be in focus tomorrow on Monday after the Reserve Bank of India (RBI) clarified concerns regarding the bank’s financial health. Amid speculation about deposit unwinding, the RBI reaffirmed that IndusInd Bank remains well-capitalized and financially stable.
According to the bank’s auditor-reviewed financial results for Q3FY24, IndusInd Bank maintained a strong Capital Adequacy Ratio of 16.46% and a Provision Coverage Ratio of 70.20%. Additionally, the Liquidity Coverage Ratio (LCR) stood at 113% as of March 9, 2025, surpassing the regulatory requirement of 100%.
The RBI also highlighted that the bank has engaged an external audit team to assess its current systems and take necessary corrective measures. The Board and management have been directed to complete remedial actions within Q4FY25, ensuring full transparency to stakeholders.
With these reassurances, the RBI has urged depositors not to react to speculative reports. The central bank continues to monitor IndusInd Bank closely, reaffirming that its financial position remains satisfactory and stable.
In the meantime, on Thursday, IndusInd Bank shares closed at ₹672.65 after opening at ₹690.00. The stock hit a high of ₹706.90 and a low of ₹667.65 during the session. Notably, its 52-week high stands at ₹1,576.35, while the 52-week low is ₹606.00.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
