banking
IndusInd Bank Knew of Crores of Rupees Worth of Insider Trading by Former Zonal Head but Didn’t Inform Sebi
The bank’s internal vigilance report on October 12, 2024, revealed that Samir Agarwal, the then Zonal Head of eastern India used his family members' accounts and based on insider information, traded in equity shares of Kesoram Industries and other companies that were part of the bank’s loan portfolio.Mar 13 2026