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Moneycontrol

20 Sep 2024, 12:32

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#MarketsWithMC | 🏦 Axis Bank clarified that Sebi order this week placed temporary curbs only on taking up any new assignments in the capacity of a merchant banker for its wholly owned subsidiary Axis Capital Ltd (ACL).

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https://moneycontrol.com/news/business/markets/axis-bank-clarifies-sebi-order-on-acl-limited-to-taking-up-new-assignments-other-activities-unaffected-12826213.html?classic=true?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Axis Bank clarifies Sebi order on ACL only for new merchant banking assignments, other ops unaffected
In an interim order issued on September 19, Sebi has asked ACL to reply within 21 days to the observations made in the order.

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