MUMBAI: Axis Bank has entered into an agreement with Max Financial Services to pursue a listing of their life insurance joint ...
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 ...
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Max Financial Services Plans ₹2,000 Crore Fund Raise Via QIP To Support Insurance Business Growth
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 ...
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 ...
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