Update: 29 May 2025, 04:53 PM IST
Capital Market Regulator SEBI has prevented former IndusInd Bank CEO Sumant Kathpal, and four other senior officials from reaching the security markets in connection with an alleged internal trading in the bank shares. Sebi’s findings suggest that prominent authorities were aware of significant anomalies in the bank’s derived portfolio by November 2023, but public disclosure for 15 months was delayed, ie by March 2025. See!