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Home » Tag Archives: disclose default on the payment of interest

Tag Archives: disclose default on the payment of interest

Companies to disclose bank defaults within one day: SEBI

The Securities and Exchange Board of India (SEBI) has made it mandatory for companies to disclose any instance of a default on the payment of interest or repayment of principal to banks or financial institutions within a day of the default. In a circular issued on Friday, the capital market regulator said that while current regulations require listed companies to ... Read More »