SEBI BARS FORMER INDUSIND BANK CEO SUMANT KATHPALIA, 4 OTHERS FROM ACCESSING SECURITIES MARKETS
- NEWS Desk Global
- 1 day ago
- 1 min read
Securities and Exchange Board of India (Sebi) issued directives on Wednesday prohibiting Sumant Kathpalia, former CEO of IndusInd Bank, and four other individuals from participating in securities market activities. The regulatory body has also impounded Rs 19.78 crore from them through an interim directive.
The other executives facing restrictions include Arun Khurana, who served as executive director and deputy CEO; Sushant Sourav, who led treasury operations; Rohan Jathanna, who managed GMG Operations; and Anil Marco Rao, who held the position of chief administrative officer in consumer banking operations.
Comments