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The Economic Times
The Economic Times
Business
Debaroti Adhikary

IndusInd Bank shares fall 3% after fresh whistleblower complaint reaches PMO, RBI

IndusInd Bank Economic Times

Shares of IndusInd Bank dropped over 3% on Wednesday after a fresh whistleblower complaint was sent to the Prime Minister's Office and several regulators, including the Reserve Bank of India (RBI), seeking an investigation into alleged insider trading, governance failures, and shortcomings in forensic and audit reviews at the private lender.

The complaint, a copy of which was seen by The Economic Times, was also sent to the Serious Fraud Investigation Office (SFIO), National Financial Reporting Authority (NFRA) and other agencies. The shares of the private lender tumbled to Rs 884.05 apiece on Wednesday morning after the report.

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