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SEBI Bans IndusInd Bank's Former CEO, 4 Others From Securities Market
The Business Guardian
|May 29, 2025
Markets regulator SEBI on Wednesday barred former Chief Executive Officer of IndusInd Bank, Sumant Kathpalia, and four others from accessing the securities markets, in connection with an alleged case of insider trading in the bank's shares.
Also, the regulator has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by SEBI. The other officials restrained by SEBI are Arun Khurana, Executive Director and Deputy CEO of the bank at the time of the alleged violation; Sushant Sourav, Head- Treasury Operations; Rohan Jathanna, Head- GMG Operations; and Anil Marco Rao, Chief Administrative
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