By Freny Patel ( September 3, 2026, 08:00 GMT | Insight) -- IDBI, Axis and SBI trustee units escaped financial penalties despite an Indian antitrust finding that they participated in collective fee fixing, with below-benchmark pricing treated as a mitigating factor.IDBI Trusteeship Services, Axis Trustee Services, SBI CAP Trustee Company and the Trustees' Association of India were found to have cartelized the market for debenture trusteeship services by fixing minimum fees, although India's antitrust watchdog declined to impose monetary penalties....
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