CCI holds IDBI Trusteeship, Axis Trustee, SBI CAP and industry body guilty of setting benchmark fees
- Posted on September 2, 2026
- By Financial Express
- 1 Views
- 1 min read
In brief
India's Competition Commission has determined that major debenture trustees, including IDBI Trusteeship, Axis Trustee, and SBI CAP, along with the Trustees' Association of India, engaged in coordinated benchmark fee-setting practices that violated antitrust regulations. While the CCI found anti-competitive conduct, the regulator refrained from imposing financial penalties, acknowledging certain mitigating circumstances that influenced the decision in this significant corporate governance matter.
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CCI holds IDBI Trusteeship, Axis Trustee, SBI CAP and industry body guilty of setting benchmark fees
The Competition Commission of India (CCI) ruled that the Trustees’ Association of India (TAI) and three debenture trustees engaged in anti-competitive price fixing. However, the regulator waived monetary penalties, citing mitigating factors.
