MUMBAI: Axis Bank has entered into an agreement with Max Financial Services to pursue a listing of their life insurance joint ...
Axis Max Life and Canara HSBC Life saw strong February growth, with premiums up 30% and 52%. HDFC Life declined 3%, while ICICI Prudential Life and SBI Life posted gains.
Max Financial Services’ board approved raising up to ₹2,000 crore via QIP or other permitted modes to fund Axis Max Life Insurance’s growth, and will seek shareholder approval through a postal ballot.
The new offering consists of an enhanced range of benefits including Instant Payment on Claim Intimation, Cover Continuance and Special Exit Value ...
Mumbai: Max Financial Services Limited has cleared a major capital-raising plan as it prepares to strengthen funding support for its insurance subsidiary and future growth initiatives. The board of ...
Non banking financial company (NBFC) StrideOne has raised ₹100 Cr (about $11 Mn) in a mix of equity and debt capital from undisclosed investors. StrideOne plans to deploy the freshly raised capital in ...
BENGALURU, Feb 4 (Reuters) - India's Max Financial Services (MAXI.NS), opens new tab said on Tuesday it has approved the listing of its unit, Axis Max Life, by merging with the insurer. The move comes ...