HDFC Bank shares fall after Sebi imposes monetary penalty

HDFC Bank shares fall after Sebi imposes monetary penalty

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    HDFC Bank share price shed a percent in early trade on January 22 after the Securities & Exchange Board of India (Sebi) levied a monetary penalty on the bank.

    Sebi, vide its Final Order dated January 21, 2021, has levied a monetary penalty of Rs 1 crore payable by the bank in terms of Section 15HB of the SEBI Act, in the matter of M/s.

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