India's markets regulator on Thursday barred investment bank Axis Capital from acting as a merchant banker for new debt ...
After an inspection by the regulator, it was found that Axis Capital had provided guarantees for the redemption of NCDs of ...
The Securities and Exchange Board of India (SEBI) barred Axis Bank's wholly owned subsidiary Axis Capital Limited (ACL) for ...
SEBI has barred Axis Capital from taking assignments as a merchant banker, arranger or underwriter in the debt segment.
In an interim order issued on September 19, the Securities and Exchange Board of India (Sebi) has also asked ACL to reply ...
Credit rating agencies construed such guarantee/indemnity as credit enhancement and rated the instruments accordingly, which ...
Axis Capital is exploring legal options against Sebi's order restricting it from new assignments as a merchant banker for the ...
As an interim measure pending investigation, market regulator Securities and Exchange Board of India (SEBI) has restrained ...
The regulator imposed this restriction as a temporary measure after discovering that Axis Capital had essentially guaranteed ...
India’s capital market regulator has barred Axis Capital Ltd. from acting as a manager for new offerings of debt by Indian ...
Axis Bank clarified that SEBI's order restricting Axis Capital from taking on new merchant banking assignments in the debt ...
“Sebi has not passed any adverse direction or order against Axis Bank Limited. Axis Bank is of the view that there is no ...