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Mar 25, 2022 · In January 1992, RBI began inspecting the books of banks for irregularities in securities transactions. In April, the RBI found a shortfall of Rs 649 crore in SBI’s investment portfolio. The bank did not have the securities it had paid its broker Harshad Mehta for. Under pressure from SBI, Harshad paid up around Rs 620 crore between April 13 ...
The 1992 Indian stock market scam was a market manipulation carried out by Mr Harshad Mehta and politicians on the Bombay Stock Exchange. That scam caused significant disruption to the stock market of India, defrauding investors of over ten million USD. Techniques used by Mehta involved having corrupt officials signing fake cheques, misusing ...
Scam 1992. Scam 1992 – The Harshad Mehta Story is an Indian Hindi -language biographical financial thriller streaming television series on SonyLIV directed by Hansal Mehta, with Jai Mehta serving as the co-director. [1] Based on the 1992 Indian stock market scam committed by many stockbrokers including Harshad Mehta, the series is adapted ...
Oct 8, 2024 · Overview of the Scam 1992. The Harshad Mehta scam refers to the 1992 Indian stock market scam, which featured a sequence of fraudulent trading on the Bombay Stock Exchange (BSE). The scam reportedly resulted in a loss of around ₹4,000 crores (approximately $1 billion) to banks and investors. Due to his charm and connections, Mehta has often ...
Oct 23, 2020 · SCAM 1992: The Harshad Mehta Story (TV Series), directed by Hansal Mehta, is a 10 part television series of approximately 50 minutes each, that tells an extraordinary tale of an outlander in the Stock Market, Harshad Mehta portrayed by Pratik Gandhi. The narrative is told from the point of view of a journalist, Sucheta Dalal (Shreya Dhanwanthary).
Scam 1992: The Harshad Mehta Story: With Pratik Gandhi, Shreya Dhanwanthary, Hemant Kher, Anjali Barot. The rise and fall of Harshad Mehta, a stockbroker who single-handedly took the stock market to great heights, is depicted.
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Oct 20, 2020 · The securities scam of 1992, involving infamous stockbroker Harshad Shantilal Mehta, led to sweeping stock market reforms and revealed systemic loopholes in the country's banking sector. A new web series on SonyLiv ' Scam 1992: The Harshad Mehta Story ' recounts how Harshad Mehta manipulated the Indian stock market using illegal funds obtained from banks.
