IndusInd Bank issues clarification on report of whistleblower complaint to PMO, RBI; shares end lower

IndusInd Bank, on Wednesday, June 3, issued a clarification to the stock exchanges stating that it has not received communication from any government or regulatory authority, following a media report that a fresh whistleblower complaint was submitted to regulatory agencies, alleging insider trading and governance lapses.

The whistleblower, as per the report, submitted the complaint to the Prime Minister’s Office (PMO), the Reserve Bank of India (RBI), the Serious Fraud Investigation Office (SFIO), the National Financial Reporting Authority (NFRA) and other regulatory agencies.

“In this regard, we wish to clarify that the Bank has not received the communication from any government or regulatory authority, as referred to in the aforesaid news item, regarding receipt of the captioned whistleblower complaint by them,” IndusInd Bank said in a regulatory filing.

The Bank further clarified that all the concerns raised in the report were duly examined in the past, and appropriate actions were undertaken in accordance with its internal policies and applicable regulatory requirements.

IndusInd Bank added that it has also proactively reported certain matters to the relevant authorities and has continued to extend full cooperation, in line with its regulatory obligations.

Further, the Bank stated that it has consistently followed established governance and oversight processes in addressing such matters.

“Any conclusions based on unverified allegations may not present a complete or accurate picture of the matter,” it added.

IndusInd Bank stock performance

Shares of IndusInd Bank closed 1.38% lower at ₹899.95 per unit on the National Stock Exchange (NSE) on Wednesday, June 3.

The scrip has fallen 3.5% in the past week and 2% over the month. However, on a year-to-date basis, it has advanced marginally.

While the stock hit a 52-week high of ₹968.85 per equity share on February 26, 2026, it touched a year’s low of ₹710.60 apiece on September 26, 2025.

IndusInd Bank has a total market capitalisation of ₹70,209.59 crore as of June 3, 2026, according to data on the NSE.