SEBI bars Axis Capital as merchant banker, arranger, underwriter in debt market
Mumbai (Maharashtra) [India], September 19 (ANI): The Securities and Exchange Board of India (SEBI) has 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 segment for alleged violations of norms, till further order. "...as an interim measure pending inspection of ACL by SEBI, hereby restrain ACL from taking up new