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Competition Commission of India approves Axis Bank's ₹1,612 crore Worth stake buy in Max Life Insurance thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
IRDAI greenlights Axis Bank's ₹1,612 crore infusion into Max Life Insurance, pending CCI nod thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Max Financial Services has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) for a capital infusion of Rs 1,612 crore by Axis Bank into its subsidiary, Max Life Insurance. The deal will involve the issue of 14,25,79,161 equity shares. Max Life plans to use the capital infusion to support future growth and improve solvency margins. ....
Cyril Amarchand Mangaldas advises Axis Bank on acquisition of additional 6.23% stake in Max Life for INR 1,612 crore [Business Wire India] insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.