SEBI imposed 9 lakh rupees fine on Vysya Bank’s former official, as Vinay Agarwal zonal head as he has been not complied with PIT Regulations. As he was found guilty of trading over 2o lakhs value shares illegally.
SEBI: Securities and Exchange Board of India
PIT: Prohibition of Insider Trading
Bank: ING Vysya Bank
Founded on: 2002
CEO: Shailendra Bhandari