News From Press Why Sebi is taking closer look at bank-owned AMCs

Why Sebi is taking closer look at bank-owned AMCs

Sep 12, 2022

When banks act as distributors, do they act in good faith and recommend mutual funds (MFs) on merit rather than commissions? This is the question that Securities and Exchange Board of India (Sebi) seems to be looking at currently, as per recent news reports.

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1 Comment

Prashant Shah · 1 year ago `

Misselling in banks of all third-party products is a no Brainer and out in the open. Everybody knows banks are the biggest misselling hub then also SEBI started inquiry after 12 years of misselling and I am sure it's an eyewash and nothing is to come out from this

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