Sebi slaps Rs 1-crore fine on HDFC Bank in BRH Wealth Kreators case
By Administrator_India Capital Sands Sebi on Thursday imposed a penalty of Rs 1 crore on HDFC Bank for invoking securities pledged by stock broker BRH Wealth Kreators in violation of the regulator’s interim directions. In addition, the bank has been directed to transfer Rs 158.68 crore along with 7 per cent interest per annum into an escrow account […]