IndusInd Bank shares jumped up to 5.3% on Friday, marking their best day in nearly two months, after RBI officials expressed confidence that recent issues at the bank would soon stabilize. RBI Deputy Governor J. Swaminathan said the situation at IndusInd “should soon settle down,” while Governor Sanjay Malhotra noted the bank had taken sufficient steps to improve accounting practices.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets