![]() The regulator examined Yes Bank cases during February 2019 to find out possible violations of the provisions of the SEBI Act and PFUTP (Prohibition of Fraudulent and Unfair Trade Practices).Īs per the investigation, SEBI found that certain violations were allegedly committed by the bank and six persons and issued a show cause notice to them in this regard in October 2020. In a settlement order on Tuesday, SEBI said, “The expeditious adjudication proceedings initiated against the applicants under the SCN (Show Cause Notice) dated Octoare disposed of”. The order came after the entities approached SEBI to settle the proceedings initiated against them through a settlement order “without accepting or denying the findings of facts and law”. New Delhi: Private Sector Lenders Yes Bank and six persons on Tuesday settled with Self A case related to alleged selective disclosure of asset quality after paying Rs 1.65 crore a settlement cost.Īpart from the bank, the six people who settled the case include Ashish Aggarwal, Niranjan Banodkar, Sanjay Nambiar, Devmalya Day, Rajat Monga and Shivanand Shettigar. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |