Sebi rates 67,228 crore rupees in debt as "difficult to retrieve."

HomeStock MarketSebi rates 67,228 crore rupees in debt as "difficult to retrieve."

Sebi rates 67,228 crore rupees in debt as “difficult to retrieve.”

Published on

November 3, 2022

At the end of March 2022, Sebi classified Rs 67,228 crore in “difficult to recover” dues.
According to Sebi’s 2021-22 annual report, firms that failed to pay fines, fees, and investor refunds owe Rs 96,609 crore to the regulator.
The regulator said Rs 63,206 crore, or 65% of Rs 96,609 crore, is for Collective Investment Scheme (CIS) and deemed public issues of PACL Ltd and Sahara Group entity Sahara India Commercial Corporation Ltd.
The regulator classified Rs 67,228 crore in dues as Difficult To Recover in its annual report (DTR).