
SEBI presses banks, other regulators for stricter insider trading enforcement, says chief
The Hindu
SEBI urges stricter insider trading enforcement while easing foreign investment rules to attract more overseas investors.
The Securities and Exchange Board of India (SEBI) is pushing banks and other regulators to tighten enforcement of insider-trading rules, in particular safeguarding unpublished price sensitive information, the regulator’s chief said.
SEBI has taken action in the past year against officials of India’s electricity regulator and executives at Indian lender IndusInd Bank, and sent notices over alleged violations to Bank of America and executives at consulting firms PwC and EY under its insider trading rules.
“The insiders may lie not only in companies, they may also lie in the people who have gotten information in a fiduciary capacity,” SEBI Chair Tuhin Kanta Pandey told Reuters in an interview on Thursday (February 26, 2026). The interview was placed under embargo by the regulator till Monday (March 2, 2026).
“It may also lie with regulators because they are also doing regulation. So we really have to see that everyone is adequately sensitized to this issue,” he said.
Regulatory data shows that SEBI investigated 287 cases of alleged insider trading in the financial year 2024-25, compared to 175 cases in the prior year. Data for the current financial year ending March 31 is not yet available.
Mr. Pandey, who took over as chair of the market regulator a year ago, has focused on easing entry processes for foreign investors. Feedback has been gathered across 77 meetings with foreign portfolio investors over the year, Mr. Pandey said, adding that rules are being changed where needed.













