India's central bank said on Saturday that private lender IndusInd Bank is well-capitalised and the financial position of the bank remains satisfactory. Earlier this month, IndusInd Bank reported it had discovered an accounting discrepancy in the way it booked currency derivatives stretching back at least six years.

The Reserve Bank of India on Saturday has said that IndusInd Bank is well capitalised and its financial position remains stable amid concerns about accounting discrepancy worth Rs 2,100 crore

RBI clarifies IndusInd Bank's financial stability amidst share price fall and derivative portfolio discrepancy, ensuring depositor confidence.

The bank had last week revealed a potential 2.35 per cent adverse impact on its net worth after an internal review of its derivative portfolio. The derivative losses will have an approximate impact of Rs 2,

RBI states that the bank has already engaged an external audit team to review systems and assess actual impact.

As per the audited financial results for the quarter ending December 31, 2024, the bank's Capital Adequacy Ratio stands at 16.46 per cent, and its Provision Coverage Ratio is 70.20 per cent.

The Reserve Bank of India confirmed IndusInd Bank's strong financial parameters and robust health amid reported discrepancies. IndusInd Bank is implem

IndusInd Bank faces accounting discrepancy, RBI assures stability, directs remedial action to be completed by month-end.

IndusInd Bank reported that discrepancies in its derivative portfolio may result in a decrease of approximately 2.35% in its net worth as of December 2024.

The Reserve Bank of India has confirmed that IndusInd Bank is financially stable and adequately capitalised. Depositors are advised not to react to speculation concerning the bank's foreign exchange derivative portfolio discrepancies,