Sebi issues warning letter to HDFC Bank for regulatory non-compliance

Quick Summary:

Securities and Exchange Board of India (Sebi) has issued an administrative warning to HDFC Bank for not complying with certain regulatory guidelines for custody activities.

The bank stated it would address and rectify the highlighted lapses.

A similar warning for regulatory non-compliance related to merchant banking was also issued to HDFC Bank in December 2024.

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Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaJapanOman

Topics: Securities and Exchange Board of India Sebi HDFC Bank Bank sector Business news Regulatory non-compliance Capital markets regulator

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 23:29:09 (22 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 467 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27544347

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