IndusInd Bank Shares Fall Nearly 3% After Whistleblower Complaint Flags Insider Trading, Governance Concerns

Shares of IndusInd Bank fell nearly 3 per cent on June 3 after a fresh whistleblower complaint sought an investigation into alleged insider trading, governance failures, and gaps in forensic and audit reviews at the lender. The complaint has been sent to the Prime Minister’s Office and multiple regulators, including the Reserve Bank of India (RBI), according to an Economic Times (ET) report.

The development has further deepened scrutiny of the lender, which is already under pressure following the discovery of a Rs 2,000-crore derivatives accounting discrepancy.

This is a developing story...