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IndusInd Bank is well-capitalised, no need for depositors to worry: RBI
The Sunday Guardian
|March 16, 2025
Amid the ongoing crisis in the IndusInd bank, the Reserve Bank of India (RBI) on Saturday released a statement stating that the bank is well capitalised and financially stable.
The RBI said, "The Reserve Bank would like to state that the bank is well-capitalised and the financial position of the bank remains satisfactory."
The apex bank further added in the statement that 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 per cent.
According to the RBI, the Liquidity Coverage Ratio (LCR) of the IndusInd bank was at 113 per cent as on March 9, 2025, as against regulatory requirement of 100 per cent.
Dit verhaal komt uit de March 16, 2025-editie van The Sunday Guardian.
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