The news of lapsase in IndusInd Bank’s derivative portfolio has also harassed the bank customers. On March 10, the bank told the stock exchanges about this lapse. On March 11, the bank’s stocks lost 27 per cent. This suggests that the news of lapses has made investors restless. In nervousness, investors sold large selling on March 11, causing shares to crash. This news came when the RBI refused to give a 3 -year extension to the bank’s CEO Sumant Kathpalia. The central bank has given only one year extension to Kathpalia. The question is whether the customers of IndusInd Bank should worry about their money?
RBI has been saving banks from drowning
Banking sector experts say that in order to save the money of deposits in case of bank crisis RbThe track record of I is good. In the last few years, there have been cases of many banks being caught in a big crisis. In 2020 Yes bankIn 2021 RBL Bank And in 2004 Global Trust Bank There are examples of this. After Global Financial Crisis in 2008 Icici bank There was a problem of liquidity. Apart from this, there have been cases of many small banks drowning in crisis. Every time the RBI took a big decision at the right time and saved the money of the customers from drowning.
No possibility of Indusind Bank getting caught in a big crisis
IndusInd Bank customers also need to understand that the bank is not in any crisis right now. Right now, lapsase has come to light only in his derivative portfolio. IndusInd Bank’s financial health is not poor. The bank’s net worth is expected to decrease by 2.35 per cent due to lapsase in derivative portfolio. Right now the information of lapses has been revealed by internal investigation. The bank has entrusted an investigation to an independent agency, the report of which will come in the next 2-3 weeks. The management of the bank has said that if the bank has a loss of Rs 1500 crore from this lapse, then it has sufficient cash reserve to compensate for it.
Bank’s performance weak but not deteriorating health
It is true that IndusInd Bank has not performed as before. The bank’s profit was Rs 1,402 crore in the third quarter. This year after year is 39 percent less. The reason for this is more provisioning. The bank has to do a lot of provisioning on a loan given to the micro finance sector. This led to the bank’s NPA to 2.25 percent in the December quarter. It was 2.11 percent in the September quarter.
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There will not be any difficulty in dealing hard
Despite these problems, IndusInd Bank has good capital adecuice ratio (CAR) and liquidity position. The bank’s liquidity coverage ratio was 118 per cent at the end of December 2024. This means that in the next 30 days, the bank had kept Rs 118 in liquid assets as against the payment of withdrawal and every other type of Rs 100.