New Delhi, Dec 27 (IANS) Punjab National Bank (PNB) has declared a Rs 2,434 crore alleged loan fraud by the former promoters of Srei Equipment Finance and Srei Infrastructure Finance.In a late evening exchange filing, the state-run PNB said that “Pursuant to the applicable provisions of SEBI (LODFR) Regulations, 2015 and the Bank’s Policy for determining materiality of events/information required to be reported to the Stock Exchanges, it is hereby informed that the bank has reported borrowal…
Latest SEBI News & Updates
Mumbai, Dec 25 (IANS) The market regulator Securities and Exchange Board of India (SEBI) has simplified the process for issuing duplicate securities certificates to make it faster and more investor-friendly. In a circular, the market regulator doubled the monetary threshold for the simplified documentation process to Rs 10 lakh from the earlier Rs 5 lakh.With this change, investors whose lost or damaged securities are valued up to Rs 10 lakh will now have to submit fewer documents to get duplica…
New Delhi, Dec 24 (IANS) The National Highways Authority of India (NHAI) on Wednesday said it has received approval from the Securities and Exchange Board of India (SEBI) for Raajmarg Infra Investment Trust (RIIT) as a Public Infrastructure Investment Trust (InvIT).According to Ministry of Road Transport and Highways, the Public InvIT aims to unlock monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and …
The Securities and Exchange Board of India (SEBI) has exposed one of the largest stock market education scams in recent…