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 ...
By leveraging Saarathi’s last-mile reach, this partnership will provide Axis Max Life’s insurance product - Group Credit Life Secure (GCLS) (UIN: 104N072V04), to safeguard the interests of micro and ...
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.
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 ...