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The Securities and Exchange Board of India (SEBI) has debarred Zee Entertainment Enterprises (Zee) promoter and Essel group Chairman Subhash Chandra and Managing Director (MD) and Chief Executive Officer (CEO) Punit Goenka from holding key positions in any listed company for allegedly diverting assets of Essel Group companies.The matter pertains to the Letter of Comfort (LoC) granted by Chandra in September 2018 towards credit facilities taken by certain group companies from YES Bank. The credit amounted to Rs 200 crore.The allegations are that these guarantees were given without approval from the board and were used to siphon off funds by the promoters.
Which of the following securities are included as eligible securities for margin trading facility provided by the stock brokers?
- Who is the regulator of the corporate sector?
Which bank recorded the highest growth rate in total business among PSBs in FY24?
What does the ratio obtained by dividing a company's net income by its number of shares outstanding signify ?
While finalizing the current year's profit, the company realized that there was an error in the valuation of closing Inventory of the previous year. In ...
Which company received RBI approval to become a Core Investment Company (CIC)?
The Reserve Bank of India - Digital Payments Index (RBI-DPI) comprises five broad parameters. Which of the following is NOT one of these parameters?
Which of the following RBI directions provides the legal authority for the issuance of the Master Direction on KYC?
Which of the following Schemes allows the retail investors to Open & maintain retail Gilt account with RBI?
How much did the Reserve Bank of India approve to transfer as a dividend to the Government of India for FY24?
