The RBI in the clarificatory statement said there was no need for depositors to react to the speculative reports at this juncture.

IndusInd Bank share price rallied over 5% after the RBI said that the private lender remained ‘well-capitalised’, with a ‘satisfactory’ financial position.

IndusInd Bank's stocks rose by nearly 6% following reassurances from the Reserve Bank that the bank is 'well-capitalised'. RBI has directed the bank to address a Rs 2,100 crore accounting discrepancy by the end of the month.

Shares of IndusInd Bank soared over 5% in early trade on Monday after the central bank on Saturday assured customers that the former remains ‘well-capitalised’ and is financially stable.

The RBI's statement follows concerns arising from recent developments related to the discrepancies found in IndusInd Bank's derivatives portfolio.

This surge in the stocks followed an announcement from the RBI on Saturday, wherein, the regulator reassured depositors that the bank remained financially stable and well-capitalised.

IndusInd Bank shares may see a sigh of relief as the apex lender in the recent take on the private lender has provided it a clean-chit. Just before the Holi holiday, shares of IndusInd Bank closed lower by nearly 2 per cent at Rs 672.

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,

A massive bloodbath took place in the IndusInd Bank stock after the lender reported accounting discrepancies was reported in its derivatives portfolio. In the last one week, the bank stock has nosedived nearly 31 per cent,