Sebi bars former IndusInd Bank CEO Sumant Kathpalia, 4 others from accessing securities markets
Wednesday, 28 May 2025 Sebi has barred former IndusInd Bank CEO Sumant Kathpalia and four others from the securities market, impounding ₹19.78 crore. The regulator alleges they traded on unpublished price-sensitive information related to an RBI directive impacting the bank. This action follows Sebi's investigation into potential accounting frauds within IndusInd Bank.
Markets regulator the Securities and Exchange Board of India meanwhile SEBI on Thursday barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 others from the securities markets for periods ranging from 1-5 years. The regulator imposed a fine of Rs 5 lakh each on Warsi and his wife,...
Wednesday, 28 May 2025
