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.
MUMBAI: Axis Bank has entered into an agreement with Max Financial Services to pursue a listing of their life insurance joint ...
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 ...
Commission reform, sustained protection growth, margin recovery and sharp gains by larger insurers are the key catalysts for these stocks going forward, JPMorgan said in its note.
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