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Last month, SEBI initiated adjudication proceedings against the bank and its MD & CEO Chanda Kochhar in the controversial case of loans given to Videocon Group.
The reduction in cooling off period will also bring the condition applicable for Sebi employees in line with the RBI and the central government.
The Mumbai-based company plans to utilise the net proceeds towards funding capital expenditure for setting up of new dry warehouses and cold storages and repayment/prepayment of certain borrowings.
The bank will also be opening representative offices in London and Singapore as per recent approval from the Reserve Bank of India.
NSDL AND CDSL have submitted notices against 12 companies that have raised a red flag and have crossed the FDI limit.
Since the securities were issued to more than 49 people, the offer of NCDs qualified to be a public issue and required their compulsory listing on a recognised stock exchange.
According to the regulator, the committee will examine in "detail the economic case for permitting" such activity.
Videocon case: ICICI Bank, Chanda Kochhar face US regulatory probe; Indian agencies may seek foreign help
Earlier in March, when the reports first surfaced in this regard, the bank had said that its board has "full confidence and reposes full faith" in Kochhar.
Regulator Sebi today extended the date for submission of Aadhaar details by those investing in capital markets till a final judgement by the Supreme Court.
“In my opinion, Eusebio will always be the greatest player of all time.” Real Madrid legend Alfredo Di Stefano eulogised after his death in 2014.
Mallya has also been barred from holding position as director or key managerial person of a listed company for a period of five years.
The system-driven disclosures in securities market was introduced in December 2015 and is being implemented in a phased manner.
ICICI Bank Ltd said on Friday the lender and its chief executive, Chanda Kochhar, had received a notice from the SEBI seeking responses over alleged non-compliance with certain rules.
On March 29, ICICI Bank Chairman M.K. Sharma had said that reports alleging nepotism by Kochhar were unfounded and malicious in nature.
The individuals had collectively purchased 55,000 scrips representing 27.50 per cent of the share capital of Shreenath Industrial Investment Company Ltd.