Axis Bank cuts purchase plan to 17% from 29% in Max Life
Axis Bank currently holds about 1 per cent stake in Max Life and is the biggest banking channel partner for the distribution of the insurer's products.
Aug 25, 2020, 10:42 AM IST
HDFC Life to merge with Max Life, set to become biggest private life insurer
Singalling more consolidation in the cluttered life insurance space, HDFC and Max groups Monday decided to merge their life insurance businesses to create the biggest private life insurer with combine asset base of Rs 1.1 lakh crore in a complex multi-stage share swap deal.
Aug 08, 2016, 23:55 PM IST
