Inflows into small cap funds jump 67%; Hyundai Exter launched @Rs 5.99 lakh; HDFC Bank extends date special FD scheme; Utkarsh Small Fin Bank fixes IP
The Supreme Court had stayed the Securities Appellate Tribunal (SAT) order on August 2, which had upheld a penalty of Rs 1 crore
The Sebi verdict means that the fate of the deal, which will see an infusion of funds into PNB Housing Finance, remains uncertain at least for now.
The organisation will ask the borrowers to do the repayment of loans if there are capable to do so.