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Finance

Yes Bank, its compliance officer pay Rs 66 lakh to settle case with Sebi

Updated : September 04, 2019 05:57 PM IST

Sebi noted that the lender made a selective disclosure by highlighting 'nil' divergence which had significant positive impact on the price movement and did not disclose other issues mentioned in the Risk Assessment Report (RAR).
Yes Bank had reported "Nil" divergences in its assets classification and provisioning from the RBI norms, Sebi noted.
Yes Bank, its compliance officer pay Rs 66 lakh to settle case with Sebi
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