Sebi bans IndusInd Bank former CEO, 4 others from securities mkt for insider trading

Sebi has barred former IndusInd Bank CEO Sumant Kathpalia and four other senior officials from accessing securities markets due to alleged insider trading. They are accused of trading on unpublished price-sensitive information related to discrepancies in the bank’s derivative portfolio. The regulator has also impounded ₹19.78 crore from the individuals, citing violations of insider trading regulations.

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