IndusInd Bank shares rise 3% after RBI says 'things should settle soon'

IndusInd Bank shares rose 3% on Friday after RBI officials signaled confidence in the lender despite recent accounting lapses. RBI Deputy Governor J. Swaminathan said the situation at the bank "should soon settle down," while Governor Sanjay Malhotra noted that IndusInd has taken sufficient steps to improve accounting practices and is "doing well overall."