The Securities Appellate Tribunal has dismissed pleas by Zee Entertainment promoters Subhash Chandra and Punit Goenka challenging the Securities and Exchange Board of India’s interim order that restrains the two from holding board positions in public listed companies for a year due to alleged fund diversion.
Gold loan companies slip as RBI orders corrective measures for lapses
The issues highlighted by RBI include improper valuation, breaches of loan-to-value (LTV) ratios, and inadequate governance in partnerships with fintech entities, said Shrikant Chouhan, head