Yes, the bank fixes the case with Sebi

MUMBAI: Yes bank , which had selectively disclosed part of a confidential report of the RBI on its total compliance with the central bank's rules to classify the NPAs, it has resolved a case with Sebi by paying a fine of Rs 51.6 lakh. Sebi had found that the bank had disclosed the information without following due procedure and was in a hurry to do so which eventually led to a sharp rise in its stock price.

comments