💨 Abstract

SEBI has imposed a fine of 1 crore on Jai Anmol Ambani, son of industrialist Anil Ambani, for failing to exercise due diligence in the Reliance Home Finance general-purpose corporate loans case. The former chief risk officer, Krishnan Gopalakrishnan, was also fined Rs 15 lakh. Both were directed to pay within 45 days.

Courtesy: theprint.in

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