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SAT dismisses Sebi order against HDFC Bank in BRH Wealth Kreators case

The Securities Appellate Tribunal (SAT) has quashed a Sebi order against HDFC Bank, whereby the regulator had imposed a penalty of Rs 1 crore on the lender in a case pertaining to invoking securities pledged by stockbroker BRH Wealth Kreators. In addition, the regulator had directed to transfer Rs 158.68 crore along with seven per cent interest per annum into an escrow account
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One Code to Rule Them All | Asian Legal Business

India’s Finance Minister Nirmala Sitharaman stands next to Minister of State for Finance and Corporate Affairs Anurag Thakur (L) as she leaves her office to present the federal budget in the parliament in New Delhi, India, February 1, 2021. REUTERS/Anushree Fadnavis In India’s 2021 budget, Finance Minister Nirmala Sitharaman proposed merging the four acts that presently govern capital markets and securities, namely the Securities and Exchange Board of India Act, 1992 (SEBI Act), the Deposit...
New Delhi Nirmala Sitharaman Naresh Thacker Abhiraj Arora Anushree Fadnavis Corporate Affairs Anurag Thakur

Demat account | How to open demat and trading account online

How to open a Demat account online in minutes: Step 1: Pick a depository participant: The first thing you have to do is pick a depository participant. It can be an authorised bank, a financial institution or a broker with who you want to open your Demat account. Step 2: Opening Demat account: Go to the chosen depository participants website and click on open Demat account tab. Fill in your basic details like name, mobile no, and email ID. Some brokers even allow opening Demat accounts using A...
New Delhi Central Depository Services India Limited National Securities Depository Limited Representational Image Photo Credit Opening Demat

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