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The RBI has directed the bank’s Board and management to complete all remedial actions within the ongoing quarter (Q4FY25) and ensure necessary disclosures to stakeholders.
Also Read: IndusInd Bank Crisis: CLSA slashes share price target by 31%, maintains ‘Outperform’ call "Reserve Bank has directed the Board and the management to have the remedial action ...
The Reserve Bank on Saturday assured customers that IndusInd Bank remains 'well-capitalised', even as it directed the bank's board to complete remedial action relating to estimated ₹2,100 crore ...