10 hours ago
Some of the IndusInd Bank officials were getting updates on demerger, credit approval, stake sale, acquisition, big investments in client companies, and had placed trades on the basis of this information before the news became public.
By Moneycontrol News May 16, 2025, 12:07:53 AM IST (Published)
Capital market regulator Sebi is investigating senior officials of IndusInd Bank for trading in the shares of client companies, sources have told Moneycontrol.
Sebi is already investigating the role of former top management of the bank for trading in the bank’s shares while being aware of accounting discrepancies in its currency derivatives portfolio.
The new case is different and related to trading in the shares of listed companies that were clients of IndusInd Bank.
IndusInd Bank has not yet reply to an email query seeking response on the investigation. Email seeking comments from Sebi also did not elicit any response.
