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IndusInd Bank is 'stable': RBI assures customers, investors
Millennium Post Delhi
|March 16, 2025
Directs bank's board to complete remedial action this month
MUMBAI: The Reserve Bank on Saturday assured customers that IndusInd Bank remains 'well-capitalised', even as it directed the bank's board to complete remedial action relating to estimated Rs 2,100 crore accounting discrepancy within this month.
Earlier this week, IndusInd Bank disclosed a discrepancy in accounting with an estimated impact of 2.35 per cent of the bank's net worth. Soon after the disclosure, massive price correction in the bank's scrip was witnessed.
Basis the disclosures available in public domain, the bank has already engaged an external audit team to comprehensively review their current systems, and to assess and account for the actual impact expeditiously, RBI said in a statement.
Diese Geschichte stammt aus der March 16, 2025-Ausgabe von Millennium Post Delhi.
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