The Securities and Exchange Board of India (SEBI) is getting evidence and data about mule accounts and the practice of putting in inflated initial public offering (IPO) applications and will review its policy to take enforcement action in such cases, its Chairperson Madhabi Puri Buch has said. "We will work accordingly," Buch said at an event organised by the Association of Investment Bankers of India (AIBI) on Friday.
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