Vehicles pass by Citibank branch at Peddar Road, Mumbai, India. (Photographer Anirudh Saligrama/BloombergQuint)

Citibank Settles Case With SEBI, Pays Rs 4.5 Crore

Citibank N.A. has settled a case with the Securities and Exchange Board of India regarding the bank’s alleged failure to adequately supervise an employee who carried out an unregistered portfolio i...