IndusInd Bank | SEBI Bans IndusInd Bank's Ex CEO Sumant Kathpalia From Securities Market
Markets regulator SEBI on Wednesday barred former Chief Executive Officer of IndusInd Bank, Sumant Kathpalia, and four others from accessing the securities markets, in connection with an alleged case of insider trading in the bank's shares. Also, the regulator has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by SEBI.
