Chandigarh: In a reassuring update for IndusInd Bank’s customers, the Reserve Bank of India (RBI) has confirmed that the bank’s financial health remains robust. RBI emphasized that there is no cause for depositors to be concerned, urging them to remain confident as the situation is being addressed swiftly.
RBI also assured that the bank’s capital adequacy ratio, liquidity coverage ratio, and provision coverage ratio remain strong, indicating that the financial position of the bank continues to be stable.
For depositors, this means that their funds remain secure. IndusInd Bank has a comfortable capital adequacy ratio of 16.46% and a solid liquidity coverage ratio of 113%, well above regulatory requirements. With the situation being closely monitored and corrective measures being taken promptly, depositors can be confident that the bank’s stability and ability to serve its customers are intact.
Customers are urged to disregard speculative reports and rest assured that their financial interests are well protected.
