RBI dismisses market speculations; says IndusInd bank "well-capitalised"
Mumbai, March 15 -- The Reserve Bank of India on Saturday dismissed market speculations regarding private lender IndusInd Bank and said the bank is "well-capitalised" and the finaicial position of the bank continues to be satisfactory.
"There has been some speculation relating to IndusInd Bank Ltd. in certain quarters, perhaps arising from recent events related to the bank. The RBI would like to state that the bank is well-capitalised and the financial position of the bank remains satisfactory," the Central Bank said in a statement.
As per auditor-reviewed financial results of the bank for the quarter ended December 31, 2024, the bank has maintained a comfortable Capital Adequacy Ratio of 16.46 per cent and Provision Coverage Ratio of 70.20...
To read the full article or to get the complete feed from this publication, please
Contact Us.