Try GOLD - Free
Sebi Rejects Anil Ambani's Bid to Settle Yes Bank Charges
The New Indian Express Mangaluru
|August 13, 2025
CAPITAL markets regulator Sebi has reportedly turned down Reliance Group Chairman Anil Ambani's bid to settle charges related to Yes Bank investments.
According to documents reviewed by news agency Reuters, this could leave Ambani facing penalties of no less than Rs 1,828 crore.
The case stems from investments worth ₹2,150 crore made by Reliance Mutual Fund, then owned by Ambani, in Yes Bank's additional tier-1 (AT-1) bonds between 2016 and 2019. These bonds were written off in 2020 when Yes Bank was declared insolvent. By then, Reliance Mutual Fund had already been sold to Nippon Life Insurance, but the charges date back to the period before the sale.
This story is from the August 13, 2025 edition of The New Indian Express Mangaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Mangaluru
The New Indian Express Mangaluru
When the Forest Stares Back
A nocturnal trail in Sri Lanka's Sigiriya shows how humans can coexist with wildlife
2 mins
November 02, 2025
The New Indian Express Mangaluru
THE LONG GAME OF BELONGING IN A CITY
WHO does the city really belong to? Those who are born there, those who made it their home, those who migrate there to work and build a life, or those who work for it?
3 mins
November 02, 2025
The New Indian Express Mangaluru
... Cong targets ‘corruption’ in civic bodies
GUJARAT Congress has launched a scathing attack on the BJP government, alleging massive corruption across municipalities.
1 min
November 02, 2025
The New Indian Express Mangaluru
Worn, Weathered, and Wonderful
From forgotten antiques to curated treasures, RARA by Arshiya Singhvi brings history back to life
2 mins
November 02, 2025
The New Indian Express Mangaluru
App to book appointments with mins at Soudhas soon
IN the coming days, getting an appointment with the chief minister, ministers or officials whose offices are located in Vidhana Soudha and Vikasa Soudha will just be a fingertip away.
1 min
November 02, 2025
The New Indian Express Mangaluru
'We can't Live Under a Threat'
Rebecca Ferguson speaks with Hilary Morgan about her latest film, A House of Dynamite, and why it is important to have conversations about nuclear powers
3 mins
November 02, 2025
The New Indian Express Mangaluru
30 countries to join major maritime info sharing workshop in Haryana
AMID the growing importance of global maritime security, Gurugram will next week host the world's leading maritime experts for the Maritime Information Sharing Workshop (MISW) 2025, the Indian Navy's flagship event organised by the Information Fusion Centre, Indian Ocean Region (IFC-IOR).
1 mins
November 02, 2025
The New Indian Express Mangaluru
Hosabale slams Kharge’s RSS remarks
RASHTRIYA Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale on Saturday dismissed Congress president Mallikarjun Kharge's call to ban the RSS, saying that society has accepted the organisation as one that works for national unity, security, culture and development.
1 mins
November 02, 2025
The New Indian Express Mangaluru
Lessons from the Hills
Steering away from conventional education, a school in Uttarakhand's hills is bringing children back to their roots
2 mins
November 02, 2025
The New Indian Express Mangaluru
2005 fallout on Lalu, Nitish villages
IN Bihar's political heartland, two villages-Kalyan Bigha in Nalanda and Ful waria in Gopalganj stand as contrasting portraits of their most illustrious sons, Chief Minister Nitish Kumar and former Chief Minister Lalu Prasad Yadav.
1 mins
November 02, 2025
Listen
Translate
Change font size