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BRH WEALTH CASE
Sebi imposes securities market ban on 8 entities for misusing clients' fundsIndividually, the regulator has slapped a fine of Rs 5 crore each on BRH Wealth Kreators and BRH Commodities and Rs 1 crore on Anubhav Bhat...
Are Sebi's oral orders valid, ask lenders to Karvy BrokingBack in 2018, when the capital markets regulator found evidence of misappropriation of client securities by Karvy, it had instructed the Na...
Sebi, NSE move SC against SAT ruling in favour of HDFC BankWhile Sebi moved the top court in mid-April, the NSE filed its appeal on May 11. The Supreme Court on May 21 issued a notice to HDFC Bank s...
Stocks in the news: IDFC First, TCS, L&T Finance, SBI Life and IB HousingMahindra CIE Automotive, the multi-technology automotive components supplier, will announces its earnings for the quarter ended on December...
Tribunal rules in favour of HDFC Bank in BRH Wealth caseBRH Wealth Kreators was accused of pledging client securities to avail loans from HDFC Bank. After BRH Wealth defaulted on its margin oblig...
SAT stays Sebi's order against HDFC Bank in BRH Wealth Kreators caseSebi had imposed the fine and also directed the bank on January 21 to transfer Rs 158.68 crore along with 7 per cent interest per annum int...
HDFC Bank says Sebi orders depositing over Rs 158 crore in escrow accountOn Thursday, Sebi imposed a penalty of Rs 1 crore on HDFC Bank for invoking securities pledged by stock broker BRH Wealth Kreators in viola...
Sebi fines HDFC Bank Rs 1 cr in BRH Wealth Kreators caseHDFC Bank had granted credit facilities worth Rs 191.16 Crore to BRH and Rs 26.61 Crore to BRH Commodities, out of which an amount of Rs 87...
NSE declares 3 brokers as defaulters; expels from membershipThe move has been taken as these brokers failed to comply with the NSE guidelines.
What really led to Karvy crisis? Lessons from stockbroker debaclesCurrently, brokers are required to disclose proprietary trading status to exchanges and Sebi.
Sebi rules on share separation leave brokers shakenSebi said in a June circular that brokers must segregate the securities and funds of clients.