Axis Bank hikes stake in Max Life Insurance to 5.99% for $14m

Axis Bank hikes stake in Max Life Insurance to 5.99% for $14m

Axis Bank, India’s third largest private lender by assets, has hiked its holding in Max Life Insurance Company Ltd (MLIC) to 5.99 per cent, according to a stock market disclosure. The deal was announced in October 2015.

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