Indusind bank share price: IndusInd Bank shares, who are struggling with selling pressure, have got a big support from the RBI statement. The RBI says that the bank has sufficient funds and its financial condition is good. This statement of RBI gave strong support to IndusInd Bank shares and today Intrade gained more than 5 percent. Talking about the last trading week, on March 11, there was such a shock that this record fell 27 per cent on the same business day. Talking about today, it is currently gaining 5% on BSE to Rs 703.90. It fell 5.30 percent to Rs 707.75 in day business.
Know what RBI has to say on IndusInd Bank –
RBI says that the bank has enough money and its financial condition is also good. According to RBI, the bank’s capital advisory ratio for the December 2024 quarter is 16.46% and the provision coverage ratio is 70.2%. In addition, according to data till March 9, the bank has maintained a liquidity coverage ratio of 113%, which is quite above the regulator requirement of 100%.
How was IndusInd Bank shares performed in 1 year?
On 8 April 2024 last year, IndusInd Bank shares were at a one -year record of Rs 1576.00. On March 12, its shares came to the lowest level of one year 605.40 rupees due to the report of accounting disturbances, which was the lowest level of one year of its shares, and a decline of more than 61% from the highest level of one year. So far it has come up more than 15 percent from its lowest level, but from the highest level of one year it is still more than 55 percent.
