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IndusInd Bank former CEO Sumant Kathpalia has proposed ₹5.21 crore to SEBI to settle the insider trading allegations against him, Economic Times reported. SEBI had barred Kathpalia and four other IndusInd executives from accessing securities market for trading on unpublished price-sensitive information related to accounting discrepancies. SEBI also impounded ₹19.78 crore from the five individuals.
short by Shristi Acharya / 12:49 pm on 31 Jul
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