Tuesday, November 14, 2023

BANKING

The death of Sahara Group's chief Subrata Roy has brought attention to undistributed funds totaling over Rs 25,000 crore in the capital markets regulator Sebi's account. In 2011, Sebi ordered two Sahara Group firms to refund money raised from nearly 3 crore investors through Optionally Fully Convertible Bonds (OFCDs), report said.

from Banking/Finance-Industry-Economic Times https://ift.tt/UkKdHPx
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