IndusInd Bank insider trading

Former IndusInd Bank deputy pays 50% of alleged insider trading gains to Sebi

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Former IndusInd Bank deputy pays 50% of alleged insider trading gains to Sebi

IndusInd Bank‘s former deputy chief has deposited 50% of the alleged insider trading gains with India’s markets regulator, BSE said on Friday. Restrictions on former deputy Arun Khurana’s bank accounts have been lifted, a notice from the stock exchange said. The private bank faced a crisis earlier this year following revelations of governance and accounting … Read more

6 officials of IndusInd Bank under investigation for insider trading: Reports

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6 officials of IndusInd Bank under investigation for insider trading: Reports

India’s markets regulator is investigating six IndusInd Bank officials for insider trading to determine if they sold stock options while being aware of accounting lapses at the bank before these were publicly disclosed, two sources with direct knowledge of the matter said. The Securities and Exchange Board of India (SEBI) is examining the timing of … Read more