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SEBI not happy with RBI's involvement in HDFC Bank trading case

SEBI not happy with RBI's involvement in HDFC Bank trading case

Monday, March 6, 2017, 11:51 AM

The Securities and Exchange Board of India, has expressed displeasure over the Reserve Bank of India's intervention in the trading of HDFC Bank shares, after the overseas holding was breached on February 17. Sebi is said to have lodged a protest in a strongly worded letter to RBI. Officials of both SEBI and RBI , met last week to discuss this issue.
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