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Business News Today: Latest Business News, Finance News

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IndusInd Bank slips on report of whistleblower complaint
By Reuters · 2026-06-03 · via Business News Today: Latest Business News, Finance News

Shares of IndusInd ​Bank slid on Wednesday after the ‌Economic Times reported that ​a whistleblower complaint ⁠has sought a probe into alleged insider trading, governance failures, ‌and shortcomings in forex and audit reviews at ‌the private Indian ‌lender.

The ⁠shares fell as ⁠much as 3.12% in their steepest decline in three weeks ​to 884.05 ‌rupees apiece to be the top loser on the private bank index, which ‌declined 0.9%.

The complaint, sent ​to the Prime Minister's Office and multiple ⁠regulators, including the Reserve Bank of India, as ‌per the ET report, adds to mounting scrutiny of IndusInd after its March 2025 disclosure of a 20 billion ‌rupee ($209.12 million) derivatives accounting discrepancy.

IndusInd Bank ​did not immediately respond to Reuters queries seeking ⁠comments on the report.

The ⁠lender's shares have fallen 5.1% over the ‌past 15 months.

Published on June 3, 2026