SEBI imposes ₹1 crore penalty on CDSL over cybersecurity, regulatory compliance and disaster recovery failures.
Business

SEBI Slaps ₹1 Crore Fine On CDSL For Multiple Compliance Lapses, Flags Cybersecurity And Disaster Recovery Failures

SEBI has fined CDSL ₹1 crore for multiple compliance lapses, including cybersecurity weaknesses, pledge request failures and disaster recovery shortcomings.