Axis Bank stake in Max Life Insurance likely to rise to 20% in 6-9 months: Tripathy
Updated: 29 Aug 2022, 08:22 AM IST
TL;DR.Currently, Axis Bank and its two subsidiaries — Axis Capital Ltd and Axis Securities Ltd — collectively own 12.99 per cent of Max Life Insurance post approval of the deal in April last year.
FILE PHOTO: A customer enters a branch of Axis Bank in Mumbai, India, January 22, 2018. REUTERS/Danish Siddiqui/File photo