BRH Wealth case: HDFC Bank says Sebi orders depositing over Rs 158 crore in escrow account
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The country's largest private sector lender HDFC Bank on Friday said Sebi has asked it to deposit Rs 158.68 crore along with interest in an escrow account with regard to BRH Wealth Kreators case.
On Thursday, Sebi imposed a penalty of Rs 1 crore on HDFC Bank for invoking securities pledged by stock broker BRH Wealth Kreators in violation of the regulator''s interim directions.