New Delhi, May 29 -- The Securities and Exchange Board of India (SEBI) has passed an interim order barring five former and current senior executives of IndusInd Bank from participating in the securities market, alleging their involvement in insider trading that helped them collectively avoid losses worth nearly Rs 19.78 crore.

SEBI's ex-parte interim order, issued on May 28, names the bank officials including Arun Khurana (Executive Director and Deputy CEO), Sumant Kathpalia (Managing Director & CEO), Sushant Sourav (Head of Treasury Operations), Rohan Jathanna (Head of GMG Operations), and Anil Marco Rao (Chief Administrative Officer, Consumer Banking).

Some of these officials have already resigned from their roles at the bank.

SEBI s...