Sebi Act
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Sebi rejects Axis Bank's plea in Karvy Stock Broking matter
Business | Jan 15, 2020, 02:36 PM ISTMarkets regulator Sebi has rejected Axis Bank's plea to allow the lender to invoke the pledge on shares in the Karvy Stock Broking Ltd (KSBL) matter. The order comes after the Securities Appellate Tribunal (SAT) on December 20 had asked Sebi to pass an order by January 15, 2020 in the case. The tribunal had modified its earlier directive passed on December 17, wherein it had asked the markets watchdog to pass an order within 15 days in the case.
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Sebi changes disclosure norms for listed banks. Details here
Business | Jul 18, 2019, 08:14 PM ISTMarkets regulator Sebi has made changes in the disclosure requirements for listed banks regarding divergence in provisioning of assets. The changes made in the disclosure norms are "in line with the revised RBI requirements," the regulator said in a circular dated July 17.
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SEBI plans to make IPO process easier, to cut listing time from six to four days
Business | Dec 12, 2017, 08:13 PM ISTThe SEBI has already reduced the listing time from the seven days in the past to six days after the close of the bidding. This still blocks the fund of an investor if she/he could not get the entire subscription locked in for those many days time.
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Recovery orders for over Rs 500cr issued in past 2 months:Sebi
Nov 23, 2013, 04:33 PM ISTMumbai: Markets regulator Sebi today said it has ordered recovery of over Rs 500 crore from defaulting/ erring companies ever since the new search and seizure order was implemented two months ago.“In the past two