ICICI Bank, L&T Tech, Tata Chemicals in spotlight | Business Standard News
ICICI Bank said that the Reserve Bank of India (RBI) has, by an order dated May 03, 2021, imposed a monetary penalty of Rs 3 crore on the bank . This penalty has been imposed under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) of the Banking Regulation Act, 1949 for shifting certain investments from HTM category to AFS category in May 2017. L&T Technology Services reported 4.5% rise in consolidated net profit to Rs 194.50 crore on 2.8% rise in revenue to Rs 1440.50 crore in Q4 March 2021 (Q4FY21) over Q3 December 2020 (Q3FY20). Tata Chemicals reported 99.82% drop in co...