SEBI Banned Anil Ambani from Markets for 5 Years, Fined Rs 25 Crore for Unscrutinized Loans
SEBI has imposed a hefty fine of Rs 25 crore on Anil Ambani and barred him from participating in the securities market for five years. The Securities and Exchange Board of India (SEBI) has taken stringent action against Anil Ambani and Reliance Home Finance Ltd. (RHFL) for disbursing loans to related parties without proper scrutiny. … Read more