IndusInd Bank Ltd Share Price – NSE /  BSE

Banks, Small Cap

The clarification came after stock exchanges sought the bank's response to a news report titled IndusInd Bank share falls over 2% after report of fresh whistleblower complaint to PMO, RBI.

In its filing, the bank said it had not received any communication from authorities regarding receipt of the alleged complaint.

The lender further stated that all concerns mentioned in the news report had been examined previously and that appropriate actions had been taken in accordance with its internal policies and applicable regulatory requirements.

The bank said it had proactively reported certain matters to relevant authorities and continues to extend full cooperation in line with regulatory obligations.

IndusInd Bank also said it has consistently followed established governance and oversight processes while addressing such matters. It added that conclusions based on unverified allegations may not present a complete or accurate picture of the situation.

The clarification follows media reports that a whistleblower complaint had been submitted to the Prime Minister's Office, the Reserve Bank of India and other agencies. The complaint reportedly sought an investigation into alleged insider trading, governance failures and shortcomings in forensic and audit reviews linked to a previously disclosed Rs 2,000-crore discrepancy at the bank.

According to the report, the complaint names Samir Agarwal, former zonal head of eastern India at IndusInd Bank. It alleges insider trading, manipulation of financial records, evergreening of microfinance loans and suppression of audit findings.

The report further claimed that Agarwal made gains of around Rs 46 crore through share transactions worth nearly Rs 815 crore. It also alleged that confidential information was used to facilitate trades by family members and related entities.

Indusind Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans.

The bank reported a standalone net profit of Rs 532.71 crore in Q4 FY26, compared with a net loss of Rs 2,235.99 crore in the corresponding quarter last year. Total income rose 12.07% year-on-year (YoY) to Rs 12,711.77 crore in Q4 March 2026.

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According to the media report, the complaint was sent to the Prime Minister's Office, the Reserve Bank of India (RBI), the Serious Fraud Investigation Office (SFIO), the National Financial Reporting Authority (NFRA) and other agencies.

The complaint reportedly seeks an investigation into alleged insider trading, governance failures and shortcomings in forensic and audit reviews. The allegations are linked to the discovery of a Rs 2,000-crore discrepancy at the bank.

The report said the complaint names Samir Agarwal, former zonal head of eastern India at IndusInd Bank.

It alleges insider trading, manipulation of financial records, evergreening of microfinance loans and suppression of audit findings. It also claims there were attempts to conceal irregularities.

According to the report, Agarwal allegedly made gains of around Rs 46 crore through share transactions worth nearly Rs 815 crore.

The complaint further alleges that confidential information obtained through his role at the bank was used to facilitate trades by family members and related entities.

According to the report, the whistleblower complaint was sent to the bank at the end of May.

Meanwhile, the stock exchanges have sought clarification from IndusInd Bank regarding the news report. The bank's response is awaited.

Indusind Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans.

The bank reported a standalone net profit of Rs 532.71 crore in Q4 FY26, compared with a net loss of Rs 2,235.99 crore in the corresponding quarter last year. Total income rose 12.07% year-on-year (YoY) to Rs 12,711.77 crore in Q4 March 2026.

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IndusInd Bank has allotted 21,760 equity shares under ESOS on 28 May 2026. With this allotment, the paid up equity share capital has increased to Rs. 7,791,327,520 (779,132,752 equity shares of Rs.10/-each).

IndusInd Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 910.1, up 1.13% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 23792.6. The Sensex is at 75691.21, up 0.68%. IndusInd Bank Ltd has risen around 5.78% in last one month.

Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has risen around 4.03% in last one month and is currently quoting at 53439.4, up 1.12% on the day. The volume in the stock stood at 5.66 lakh shares today, compared to the daily average of 26.47 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 914, up 1.47% on the day. IndusInd Bank Ltd is up 14.71% in last one year as compared to a 4.27% drop in NIFTY and a 2.46% drop in the Nifty Bank index.

The PE of the stock is 75.1 based on TTM earnings ending March 26.

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