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Source: Business Standard 2 min read Last Updated : Sep 20 2024 | 9:11 PM IST Axis Bank has said that Axis Capital’s (ACL’s) activities were bona fide and in compliance with all applicable regulatory provisions, following Securities and Exchange Board of India’s (Sebi’s) bar on ACL from merchant banking in the debt segment….
Source: Live Mint The Securities and Exchange Board of India (Sebi) on Thursday restrained Axis Capital Ltd (ACL) from taking up new assignments as a debt merchant banker till further orders. The Sebi’s interim order came amid allegations of ACL extending itself beyond the permissible activities as a merchant banker while dealing with the issue…
Source: Business Standard 2 min read Last Updated : Sep 19 2024 | 8:55 PM IST The Securities and Exchange Board of India (Sebi) on Thursday restrained Axis Capital (ACL) — a wholly owned subsidiary of Axis Bank — from taking any new assignment as a merchant banker, arranger or underwriter in the debt…
