Prøve GULL - Gratis
IndusInd well-capitalised, depositors need not worry
The New Indian Express Tiruchy
|March 16, 2025
THE Reserve Bank on Saturday said there is no need for the public to panic about their money with the troubled IndusInd Bank, which on March 10 had disclosed that it would take a major hit on its bottom-line due to the many years of accumulated losses in its forex derivatives book.
The statement means that there is no run on the bank, according to the regulatory criteria.
"IndusInd Bank is well-capitalised and the financial position of the bank remains satisfactory. According to the auditor-reviewed financial results of the bank for the December 2024 quarter, the bank had a comfortable capital adequacy ratio of 16.46 and provision coverage ratio of 70.20. The liquidity coverage ratio was at 113 as on March 9, 2025, as against the regulatory requirement of 100," the RBI said in a statement on Saturday.
Denne historien er fra March 16, 2025-utgaven av The New Indian Express Tiruchy.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Tiruchy
The New Indian Express Tiruchy
No forward movement on formation of coordination panel between NC & Cong
DESPITE the recent setback to the ruling National Conference (NC) in the Rajya Sabha polls in Jammu and Kashmir, there has been no progress on forming a coordination committee between the NC and the Congress.
1 min
November 06, 2025
The New Indian Express Tiruchy
Youth drives growth in social security enrolments
INDIA'S formal employment ecosystem appears to be regaining strength despite global economic headwinds, as new data from the Employees' State Insurance Corporation (ESIC) and the Employees' Provident Fund Organisation (EPFO) show steady payroll expansion powered mostly by younger workers.
1 mins
November 06, 2025
The New Indian Express Tiruchy
REDISTRICTING WIN MORE WEIGHTY THAN MAMDANI'S
A series of blue waves broke on America's east and west coasts on Tuesday.
1 mins
November 06, 2025
The New Indian Express Tiruchy
Aadhav Arjuna’s post: Court restrains police from filing charge sheet till Fri
THE Madras High Court on Wednesday restrained the Greater Chennai Police (GCP) from filing charge sheet till Friday in the tweet case registered against TVK general secretary (election campaign) Aadhav Arjuna.
1 min
November 06, 2025
The New Indian Express Tiruchy
Army jawan from Gujarat stabbed to death on train, family demands justice
A train attendant stabbed to death an Army jawan, Jigneshbhai Chaudhary, in a moving train on Sunday.
1 min
November 06, 2025
The New Indian Express Tiruchy
Tiruppur knitwear workers and manufacturers to strike new wage deal in 2 months
ALL associations of manufacturers and exporters in the knitwear sector in Tiruppur have decided to form a joint committee to discuss the new wage agreement to be decided with trade unions within two months.
2 mins
November 06, 2025
The New Indian Express Tiruchy
AN UNSUBTLE ART OF PERSUASION
KERALA is a small state. One end to the other can be covered in less than 20 hours by road. And everywhere you go in this congested state today, you will see mostly one person smiling at you: Pinarayi Vijayan, Chief Minister of Kerala and leader of the Left Democratic Front, now in the last leg of its second consecutive term in power.
3 mins
November 06, 2025
The New Indian Express Tiruchy
Kin of kids with ultra-rare diseases ask PM to intervene on special funds
A leading patient advocacy group and families of children battling ultra-rare diseases have appealed to Prime Minister Narendra Modi to direct the Union Health Ministry to urgently implement the Delhi High Court's order establishing a National Fund for Rare Diseases (NFRD).
1 mins
November 06, 2025
The New Indian Express Tiruchy
FATF lauds India over asset recovery
THE global terror-funding watchdog, the Financial Action Task Force (FATF), has praised India's strong asset recovery system and the role of the Enforcement Directorate (ED) in tracing, seizing, and returning the proceeds of crime to victims.
2 mins
November 06, 2025
The New Indian Express Tiruchy
V-P calls upon Maoists to surrender, releases govt aid for Bastar women
VICE-President CP Radhakrishnan, on his first visit to Chhattisgarh on Wednesday to mark the silver jubilee celebrations of the state, appealed to all Naxalites to lay down arms, noting that Maoism is on the wane, thanks to the combined efforts of security forces and the state government.
1 min
November 06, 2025
Listen
Translate
Change font size