Key facts
- IndusInd Bank shares fell 3% on Wednesday.
- A whistleblower complaint was sent to the Prime Minister's Office, RBI, and other regulatory agencies.
- The complaint alleges insider trading, governance lapses, and deficiencies in audit and forensic reviews.
- The whistleblower is seeking an investigation into these matters.
IndusInd Bank's shares experienced a 3% decline on Wednesday following the emergence of a new whistleblower complaint. This complaint has been forwarded to the Prime Minister's Office, the Reserve Bank of India (RBI), and other regulatory bodies. The allegations detailed in the complaint include insider trading, significant governance lapses, and perceived deficiencies in the bank's audit and forensic review processes. The whistleblower is reportedly seeking a thorough investigation into these claims.