IndusInd Bank Shares Rise Nearly 6% As RBI Assures Customers Of Lender's Stability
Shares of IndusInd Bank Ltd. rose nearly 6% on Monday after the Reserve Bank of India, in a rare clarification, assured customers of the bank's financial stability.
IndusInd Bank remains well capitalised and its financial position remains satisfactory, RBI said in a statement on Saturday.
The central bank said, “…there is no need for depositors to react to the speculative reports at this juncture. The bank's financial health remains stable and is being monitored closely by Reserve Bank.”
The central bank said that as per auditor-reviewed financial results of the bank for the quarter ended December, the lender has maintained a comfortable Capital Adequacy Ratio of 16.46% and Provision Coverage Ratio of 70.20%. The Liquidity Coverage Ratio of the bank was at 113% as of March 9, 2025, as against regulatory requirement of 100%.
The clarification by the RBI came days after IndusInd Bank disclosed a discrepancy in accounting with an estimated impact of 2.35% of the bank's net worth. Soon after the disclosure, massive decline in the bank's scrip was witnessed.
IndusInd Bank Share Price
IndusInd Bank share price rose nearly 6% in early trade on Monday. It pared gains to trade 2.84% higher at Rs 691.45 apiece, as of 9:28 a.m. This compares to a 0.67% advance in the NSE Nifty 50 Index.
It has fallen 53.30% in the last 12 months and 28.49% year-to-date. The relative strength index was at 24, indicating it was oversold.
Out of 48 analysts tracking the company, 21 maintain a 'buy' rating, 18 recommend a 'hold,' and nine suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 52.3%.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
