Merchant Banker

Sebi order on Axis Capital: Axis Bank says complied with regulatory norms

TheSpuzz Desk3 months ago03 mins

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….

Sebi bars Axis Capital from acting as debt merchant banker till further orders | Stock Market News

TheSpuzz Desk3 months ago07 mins

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…