Indusind Bank’s stock saw a gain of more than 5% on Monday. The stock made a day high of Rs 709. However, the stock closed at Rs 676.15 with a gain of 0.57%. This surge came after RBI advised depositors not to worry. On Saturday, the Reserve Bank had said that Indusind Bank has sufficient capital and its financial condition is stable. In fact, on March 10, Indusind Bank disclosed lapses i.e. irregularities in its derivative portfolio after the stock market closed. Depositors do not need to pay attention to discussions RBI has said that Indusind Bank’s depositors do not need to pay attention to the ongoing discussions about the bank. The bank’s financial condition is stable and the central bank is monitoring the situation. Experts say that RBI has given this statement to allay the concerns of Indusind Bank’s depositors. This will provide relief to the bank’s customers. According to RBI, IndusInd Bank’s capital adequacy ratio (CAR) was 16.46% and provision coverage ratio (PCR) was 70.20% in the quarter ended December 2024. The bank’s liquidity coverage ratio (LCR) was also 113% on March 9, 2025, which is more than RBI’s condition of 100%. The bank’s stock fell 27% on March 11 In fact, IndusInd Bank had said in an exchange filing on Monday (March 10) that an internal review has revealed accounting discrepancy in the derivative portfolio. Due to this, the bank’s earnings may decrease and the net worth may fall by 2.35%. After this news, IndusInd Bank’s shares fell 27% on Tuesday (March 11). It fell by Rs 243 to ? 656.80. What is the matter, who will be affected? What steps is IndusInd Bank taking now? The bank has launched a detailed internal review and appointed an external agency to validate its findings. What is a derivative? A derivative is a financial contract between two parties. Its value depends on the performance of the asset and the benchmark. Options, swaps and forward contracts are examples of this. They are used for work such as risk hedging or speculative. Profit decreased by 39% in the third quarter IndusInd Bank, the country’s fifth largest private sector lender, posted a net profit of Rs 1,402.33 crore in the third quarter of FY 2024-25. It has grown 39% on a year-on-year basis. The bank had a profit of Rs 2,301.49 crore in the same quarter a year ago. In the October-December quarter, the bank earned Rs 15,155.80 crore. This is 8.50% more than last year’s ? 13,968.17 crores. The bank said that the company’s profit has decreased due to increased expenses.
