Finance

India Bans Former IndusInd CEO, Others for Insider Trading

An IndusInd Bank branch in New Delhi.

Photographer: Anindito Mukherjee/Bloomberg

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India’s securities market regulator has banned some former as well current top executives of IndusInd Bank Ltd., backed by the billionaire Hinduja brothers, from accessing the capital markets in a case of alleged insider trading, according to an initial order.