Sebi bars ex-IndusInd Bank CEO Kathpalia, 4 others from securities markets

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 The regulator alleges they traded on unpublished price-sensitive information related to an RBI directive impacting the bank.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.