Insurers, banks order probes in the wake of Axis Mutual Fund controversy - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Insurers, banks order probes in the wake of Axis Mutual Fund controversy

After reports that two Axis MF executives were implicated in front running - or, purchasing or selling shares based on non-public information that could impact the price of the share - came out, most of the major private insurance companies have started investigations to check the prospect of any employee exploiting their systems, people aware of the development said.

from Industry-Economic Times
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