{"id":57067,"date":"2022-03-30T12:18:30","date_gmt":"2022-03-30T06:48:30","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=57067"},"modified":"2022-09-13T18:14:41","modified_gmt":"2022-09-13T12:44:41","slug":"sebi-to-impose-a-penalty-of-rs-5-lakh-penalty-on-axis-bank","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-to-impose-a-penalty-of-rs-5-lakh-penalty-on-axis-bank\/","title":{"rendered":"SEBI to impose a penalty of Rs 5 Lakh penalty on Axis Bank"},"content":{"rendered":"<p>The Securities and Exchange Board of India (SEBI) has levied a penalty of Rs. 5 Lakh on Axis Bank for violating the regulations for Merchant banking regulations.<\/p>\n\n\n\n<p>Axis bank acted as a merchant for 22 debt issues for various companies between August 2016-August 2019. During this period, Axis bank had failed to make requisite disclosures for certain securities it had subscribed to.<\/p>\n\n\n\n<p>Rule 27 of the Merchant banking regulations state that the merchant banks must provide all the details of the transactions to the regulator while acquiring the securities of a body corporate whose issue is managed by it. The bank must provide this data within 15 days from the transaction date.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Board of India (SEBI) has levied a penalty of Rs. 5 Lakh on Axis Bank for violating the regulations for Merchant banking regulations. Axis bank acted as a merchant for 22 debt issues for various companies between August 2016-August 2019. During this period, Axis bank had failed to make requisite disclosures [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":57069,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI to impose a penalty of Rs 5 Lakh penalty on Axis Bank-Enterslice<\/title>\n<meta name=\"description\" content=\"Securities and Exchange Board of India (SEBI) has levied a penalty of Rs. 5 Lakh on Axis Bank for violatingthe regulations for Merchant banking regulations.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-to-impose-a-penalty-of-rs-5-lakh-penalty-on-axis-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI to impose a penalty of Rs 5 Lakh penalty on Axis Bank-Enterslice\" \/>\n<meta property=\"og:description\" content=\"Securities and Exchange Board of India (SEBI) has levied a penalty of Rs. 5 Lakh on Axis Bank for violatingthe regulations for Merchant banking regulations.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-to-impose-a-penalty-of-rs-5-lakh-penalty-on-axis-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:author\" content=\"enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-13T12:44:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/03\/SEBI-to-impose-a-penalty-of-Rs-5-Lakh-penalty-on-Axis-Bank-GANESH.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/57067"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=57067"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/57067\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/57069"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=57067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}