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Bank of Rajasthan matter: SAT modifies Sebi order against ICICI Bank; sets aside Rs 10 lakh fine

Bank of Rajasthan matter: SAT modifies Sebi order against ICICI Bank; sets aside Rs 10 lakh fine

In September 2019, markets regulator Sebi imposed a fine of Rs 10 lakh on ICICI Bank for disclosure lapses, including delayed disclosure of binding agreement signed with Bank of Rajasthan.