<ul><li>IndusInd Bank's shares have declined nearly 11% since March 10 after the disclosure of derivatives discrepancy by then CEO Sumant Kathpalia.</li><li>The Securities and Exchange Board of India (SEBI) has barred former CEO Sumant Kathpalia and four others from dealing in the share market due to unpublished price sensitive information about the lender's derivative trades.</li><li>IndusInd Bank stock fell around 10.73% to Rs 805.15 apiece on the NSE, recording a decline of 11% compared to benchmark Nifty 50's 10.21% advance since March 10.</li><li>About 53% of analysts have changed their target prices for IndusInd Bank over the past month, with a consensus downside of 6.6% on the stock.</li></ul>

IndusInd Bank Shares Decline Nearly 11% Since March 10

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