RBI says IndusInd Bank stable; to fix all discrepencies in seven days

The Reserve Bank of India has confirmed that IndusInd Bank is financially stable and adequately capitalised. Depositors are advised not to react to speculation concerning the bank's foreign exchange derivative portfolio discrepancies, which are to be resolved by March 31, 2025. The bank's financial ratios remain solid.

RBI says IndusInd Bank stable; to fix all discrepencies in seven days
The Reserve Bank of India has confirmed that IndusInd Bank is financially stable and adequately capitalised. Depositors are advised not to react to speculation concerning the bank's foreign exchange derivative portfolio discrepancies, which are to be resolved by March 31, 2025. The bank's financial ratios remain solid.