Axis Bank Shares Plummet Amid Allegations of ₹5,100 Cr Scam: What Investors Need to Know
Allegations: Subramanian Swamy accuses Axis Bank of a ₹5,100 Cr scam related to Max Life Insurance shares. Axis Bank Response: Denies allegations, cites regulatory approvals, and commits to defending itself. Swamy’s Demands: Calls for investigation committee, citing non-transparent transactions and regulatory violations. Transaction Details: Axis Bank’s sale to MFSL, acquisition from MFSL allegedly at below-market … Read more