India Bars Axis Bank Unit From Managing New Debt Offerings [Yahoo! Finance Canada]
Axis Capital Holdings Limited (AXS)
Last axis capital holdings limited earnings: 1/29 04:15 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The Securities and Exchange Board of India alleged that the Axis Bank Ltd. unit violated rules for merchant banking and effectively acted in the domain of a debenture trustee, which is beyond its remit, according to an initial order published on its website Thursday. Axis Capital has 21 days to file objections to the order. Axis Bank said its unit's activities were “bona-fide and in compliance with all applicable regulatory provisions.” There is “no material impact” on the bank on account of the initial order by the regulator as Axis Capital contributed only 0.7% of the lender's net income last fiscal year, the Mumbai-based bank said in a statement. The development comes months after SEBI barred JM Financial Ltd. from undertaking merchant banking activity in the debt segment for engaging in unfair trading practices. The regulator is seeking to overhaul of its merchant banking regulations to ensure such firms don't undertake activities that are not part
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News
- Bull of the Day: Axis Capital Holdings (AXS) [Yahoo! Finance]Yahoo! Finance
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- Best Value Stocks to Buy for September 23rd [Yahoo! Finance]Yahoo! Finance
- AXIS Capital Holdings (NYSE:AXS) Has Announced A Dividend Of $0.44 [Yahoo! Finance]Yahoo! Finance
- India Bars Axis Bank Unit From Managing New Debt Offerings [Yahoo! Finance]Yahoo! Finance
AXS
Earnings
- 7/30/24 - Beat
AXS
Sec Filings
- 9/4/24 - Form 8-K
- 8/9/24 - Form 8-K
- 7/30/24 - Form 13F-HR
- AXS's page on the SEC website