India's market regulator SEBI has barred former IndusInd Bank executives from trading after alleging insider trading related to undisclosed accounting issues. They reportedly avoided ₹197.8 million in losses by selling shares before the public disclosure of a $230 million accounting hit.

• Former CEO & deputy CEO stepped down last month.
• Accounting discrepancies known since December 2023.
• ₹197.8M losses avoided through illegal share sales.