Mumbai, Mar 15 (UNI) 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 per cent. The Liquidity Coverage Ratio (LCR) of the bank was at 113 per cent as on March 9, 2025, as against regulatory requirement of 100 per cent.

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.

The Board and the management have been directed by Reserve Bank to have the remedial action completed fully during the current quarter viz., Q4FY25, after making required disclosures to all stakeholders. As such, 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.

Earlier this week, the bank informed the exchanges that in an internal review of accounts related to its derivatives portfolio, some discrepancies have been found, which is expected to have a 2.35 per cent impact on the bank’s net worth as of December 2024.

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