IndusInd Bank share price: Shares of private banking company IndusInd Bank gained 5 per cent to Rs 707 on the BSE in Monday’s intra-day trade after the Reserve Bank of India (RBI) reassured depositors about the private lender’s financial health.

It must be noted that IndusInd Bank's shares are currently in the F&O ban, which means no new positions can be created in the stock.

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

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.

India's central bank said on Saturday that private lender IndusInd Bank is well-capitalised and the financial position of the bank remains satisfactory. Earlier this month, IndusInd Bank reported it had discovered an accounting discrepancy in the way it booked currency derivatives stretching back at least six years.

The Reserve Bank of India (RBI) has said that IndusInd Bank is adequately capitalised and financially stable and there is no need for depositors to react to speculation.

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,