Mumbai, March 17 -- The RBI's statement, addressing recent market concern, affirmed that IndusInd Bank is "well-capitalised" and maintains a "satisfactory" financial position.
The central bank highlighted key financial metrics, citing the bank's auditor-reviewed results for the quarter ended December 31, 2024. These results revealed a Capital Adequacy Ratio (CAR) of 16.46% and a Provision Coverage Ratio (PCR) of 70.20%. Further, the bank's Liquidity Coverage Ratio (LCR) stood at 113% as of 9 March 2025, comfortably exceeding the regulatory requirement of 100%.
The RBI also addressed the speculation directly, emphasizing that there is "no need for depositors to react to the speculative reports at this juncture." The statement confirmed t...
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