(THE NEWSMAN OF INDIA.COM)
In light of recent speculation regarding IndusInd Bank Ltd., the Reserve Bank of India (RBI) has issued a statement to clarify the bank’s financial position and reassure stakeholders. The RBI emphasized that the bank is well-capitalized, with a stable financial standing.

According to the latest auditor-reviewed financial results for the quarter ended December 31, 2024, IndusInd Bank has maintained a robust Capital Adequacy Ratio (CAR) of 16.46%, indicating a strong buffer against potential risks. Additionally, the bank’s Provision Coverage Ratio (PCR) stands at a healthy 70.20%, ensuring adequate provisions for any unforeseen challenges.

As of March 9, 2025, the bank’s Liquidity Coverage Ratio (LCR) was 113%, well above the regulatory requirement of 100%, further reinforcing its liquidity position.

The Reserve Bank also highlighted that IndusInd Bank has already engaged an external audit team to conduct a comprehensive review of its current systems and assess the impact of recent events. The bank’s Board and management have been instructed by the RBI to implement the necessary remedial actions during the current quarter (Q4FY25) and ensure full disclosure to stakeholders.

RBI’s statement further reassures depositors, stating that there is no immediate cause for concern regarding the speculative reports circulating in the market. The financial health of IndusInd Bank remains stable, and the RBI will continue to closely monitor the situation to ensure the continued stability of the bank.

The Reserve Bank’s timely intervention reaffirms the strong financial position of IndusInd Bank, encouraging depositors and stakeholders to remain confident in the bank’s stability.