Business | Friday November 28, 2014
In a major clampdown for "suppression of material facts" in IPO documents, the Securities and Exchange Board of India (Sebi) on Friday penalised merchant banking arms of State Bank of India (SBI), ICICI Bank, Kotak Mahindra Bank, IDBI Bank, DSP Merrill Lynch and Edelweiss groups for lapses during the public offer of rating agency CARE two years ago...
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