Birla Sun Life pays Rs 1.25 lakh to SEBI as settlement money

[IndiaInsurance]

Asset management firm Birla Sun Life paid Rs 1.25 lakh as settlement amount to the market regulator SEBI for launching a different financial product in place of those for which it had received approval from the regulator.

More... (http://economictimes.indiatimes.com/Birla-Sun-Life-pays-Rs-125-lakh-to-SEBI-as-settlement-money/articleshow/4548268.cms)