Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
It will be good if Moneylife were to do a story on the extent of outstanding such bond investment in small private banks in the country.
Lakshmi Vilas was not facing any run on it's deposits - it had already approved raising of 500 cr capital thru a right issue (which its loyal shareholder / depositors would have subscribed to) and it was actively working on merger with another NBFC.
SEBI should immediately blacklist all those responsible for such a blatant fraud to send the right message to the financial markets.