IndusInd Bank Shares Surge After RBI Reassurance

d Bank shares experienced a 3% jump, trading at Rs 691.85, following a reassuring statement from the Reserve Bank of India (RBI). The RBI addressed concerns stemming from recent discrepancies found in the bank's derivatives portfolio. The central bank emphasized IndusInd's strong financial standing, highlighting key metrics: a Capital Adequacy Ratio of 16.46%, a Provision Coverage Ratio of 70.2% for the quarter ending December 31, 2024, and a Liquidity Coverage Ratio (LCR) of 113% as of March 9, 2025, exceeding the regulatory requirement of 100%. This statement comes after IndusInd Bank disclosed an estimated 2.35% adverse impact on its net worth due to discrepancies in its derivatives portfolio account balances. The RBI's confirmation of the bank's "well-capitalized" status has evidently restored investor confidence.