Bandhan Bank

Why did RBI slap Rs 1 crore penalty on Bandhan Bank?

Bandhan Bank was required to bring down the shareholding of its "non-operative financial holding company" to 40 per cent of its paid-up equity capital within three years from the date of start of business. Oct 30, 2019
Salil Parekh

Will US regulator probe Infosys as Sebi looks into whistleblower charges?

Infosys whistleblower group has sent allegations about unethical audit practices of Infosys CEO Salil Parekh and chief financial officer Nilanjan Roy to US Securities and Exchange Commission; Sebi probe will weaken Infosys shares further in Indian stock markets and New York's Nasdaq. Oct 24, 2019