Sebi has barred former IndusInd Bank executives, including the CEO, from trading due to alleged insider trading. They are accused of trading on information about accounting discrepancies before public disclosure. The regulator impounded ₹19.8 crore, representing gains avoided by selling shares before the price drop following the disclosure of a ₹1,529 crore discrepancy.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets