BRH Wealth case: HDFC Bank says Sebi orders depositing over Rs 158 crore in escrow account
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On Thursday, Sebi imposed a penalty of Rs 1 crore on HDFC Bank for invoking securities pledged by stock broker BRH Wealth Kreators in violation of the regulator#39;#39;s interim directions. The lender was also asked to deposit money in an escrow account.BRH Wealth case: HDFC Bank says Sebi orders depositing over Rs 158 crore in escrow account
On Thursday, Sebi imposed a penalty of Rs 1 crore on HDFC Bank for invoking securities pledged by stock broker BRH Wealth Kreators in violation of the regulator#39;#39;s interim directions. The lender was also asked to deposit money in an escrow account. Read more