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Sebi issues final order against Axis Capital, imposes regulatory censure; Axis Bank shares fall over 1%

Source: ET Markets ·

Sebi issues final order against Axis Capital, imposes regulatory censure; Axis Bank shares fall over 1%

SEBI has issued a regulatory censure against Axis Capital, concluding proceedings linked to September 2024 restrictions. The regulator noted no recorded investor harm or fraudulent default, while Axis Bank expects no material business impact.

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