SEBI fines YES Bank Rs 25 crore for coaxing customers to buy riskier bonds
During the process of selling of AT-1 bonds, individual investors were not informed about all the risks involved in subscription of these bonds, SEBI said.
BusinessToday.In | April 12, 2021 | Updated 22:38 IST
Sebi said the AT-1 bonds were sold to the customers of YES Bank without adopting adequate safeguards to protect their interests.
Markets regulator Securities and Exchange Board of India (SEBI) on Monday imposed a fine of Rs 25 crore on YES Bank Ltd (YBL) for misselling the lender s Additional Tier 1 (AT-1) bonds to customers between December 2016 to February 2019.
ED attaches properties of USPL worth Rs 30 cr in PMLA case
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Pennsylvania Supreme Court Deals Blow to State s Case Against Natural Gas Royalty Deductions
naturalgasintel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasintel.com Daily Mail and Mail on Sunday newspapers.
Don t lie about the cost of Swisher Sweets, lawsuit against Walgreens threatens
legalnewsline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from legalnewsline.com Daily Mail and Mail on Sunday newspapers.
US Senate confirms Tai as top trade negotiator
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.