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Updated: 29 May 2025, 04:53 PM IST
Capital markets regulator Sebi has barred Indusind Bank’s former CEO Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank’s shares. SEBI’s findings reveal that key executives were aware of significant discrepancies in the bank’s derivative portfolio by November 2023 but delayed public disclosure for 15 months, i.e until March 2025. Watch!
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