
ICICI Bank Says It Did Not Provide Anything Beyond Retiral Benefits to SEBI Chief...
ICICI Bank clarifies that it did not provide anything beyond retiral benefits to SEBI Chief, amidst allegations of undue favors.

ICICI Bank clarifies that it did not provide anything beyond retiral benefits to SEBI Chief, amidst allegations of undue favors.

Sebi Chairperson Madhabi Puri Buch accuses Hindenburg of attempting character assassination in retaliation for enforcement actions taken by Sebi. She dismisses all allegations, offering full transparency of her financial records.

BJP MP Sudhanshu Trivedi accuses the Opposition of collaborating with foreign entities to destabilize Indian Parliament sessions, citing recent releases like the BBC documentary and Hindenburg report.

Despite positive trends in Asian markets, the domestic stock market struggled. Sensex fails to cross 80,000 due to SEBI’s notice to Hindenburg Research.

SEBI took this step after the government amended the Prevention of Money Laundering (Maintenance of Records) Rules or PMLA rules in September.

In late January this year, India started following the market-wide Transaction+1 (T+1) settlement system for equities. Previously, it was in the T+2 cycle.

SEBI has asked stock exchanges and clearing corporations to monitor closure of bank guarantees in an orderly manner.

Finance Minister Nirmala Sitharaman had already replied in this matter that the Securities and Exchange Board of India (SEBI) is an independent regulator and will look into the matter.