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VERIFIEDMint Markets·neutral
Sebi drops fraud, disclosure charges in Max-Axis Bank case
AI Summary
- ·Sebi has dropped fraud and disclosure charges against Max Life and Axis Bank.
- ·The disclosure-related charges were dropped as no material evidence was found to establish violations of applicable provisions.
- ·The Securities and Exchange Board of India (Sebi) made this decision in the Max-Axis Bank case.