IndusInd Bank gains 5% on RBI's reassurance on lender's financial health

Quick Summary:

The stock price of IndusInd Bank had tanked a 32 per cent in three days between March 6 and March 11.

The bank has a strong presence with a pan India branch network of 3063 branches (2993 ATMs) and a large customer base of around 41 million.

IndusInd Bank is a Hinduja group promoted to a newer age private sector bank and is the fifth largest private bank in India.

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Article Details

Category: BusinessFinance

Markets: India

Topics: IndusInd Bank share Reserve Bank of India LCR RBI Liquidity Coverage Ratio Private sector bank Capital Adequacy Ratio Market Q4FY25

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 09:47:37 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 675 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 27071710

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