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The suspected irregularities have cost India’s fifth-largest lender, promoted by the Hindujas, more than just a Rs 2,300 ...
IndusInd Bank's internal team had even estimated the financial impact from the derivative gaps at Rs 2,362 crore in March ...
The regulator also impounded ₹19.8 crores notional gains from share sales made during 15-month information gap on derivatives ...
The interim order also impounds their bank accounts to the extent of gains allegedly made from trades based on unpublished ...
According to the SEBI order, Sumant Kathpalia was aware of the accounting discrepancies in IndusInd Bank's derivative trades ...
Sebi has barred former IndusInd Bank CEO Sumant Kathpalia and four others from the securities market, impounding ₹19.78 crore. The regulator alleges they traded on unpublished price-sensitive ...
The Securities and Exchange Board of India (SEBI) on May 28 restrained IndusInd Bank’s former managing director and CEO, ...
The other officials restrained by Sebi are Arun Khurana, Executive Director and Deputy CEO of the bank at the time of the ...
Market regulator says five senior officials of the lender sold shares while holding unpublished price-sensitive information ...
During five years of Sumant Kathpalia-led IndusInd Bank, the stock rallied 120% till the many troubles for the lender ...
IndusInd Bank shares touched its 52-week low of ₹605.40 on March 12, 2025, after brokerages UBS and BofA Securities ...
Revelations of suspected fraud have cost India's fifth-largest lender, promoted by the Hindujas, more than just a Rs 2,300 ...