Axis Bank will infuse _________ in Max Life Insurance through preferential allotment, which will result in the private sector lender’s direct stake in the life insurer increasing to 16.22 per cent and the collective stake of Axis Entities increasing to 19.02 per cent.
Axis Bank will infuse Rs 1,612 crore in Max Life Insurance through preferential allotment, which will result in the private sector lender’s direct stake in the life insurer increasing to 16.22 per cent and the collective stake of Axis Entities increasing to 19.02 per cent. This infusion will help Max Life support its future growth ambitions, augment its capital position, and improve solvency margins. Currently, Axis Entities holds a 12.99 per cent stake in Max Life and Max Financial Services holds 87 per cent. After the transaction, Max Financial’s stake in the life insurance company will come down to 80.98 per cent.
How many meaningful four-letter English words can be formed using the second, third, fifth and seventh letters of the word TOURIST (when counted from le...
Statements: Some combs are wood. Some wood are tables. Some tables are plastic.
Conclusion I: Some wood are combs.
Conclusion II: All plastic are tables.
Find the upcoming numbers in this series.
3, 13, 35, 109, 323,?
Statements:
No cup is a plate.
All plates are cutleries.
No cutlery is a spoon.
Conclusions:
I. Some cutleries ...
There are six persons viz. W, X, Y, Z, A and B; all are of different heights but not necessarily in the same order. X’s height is 180 cm and he is tal...
Looking at a family photo, F pointed to A and said, “She is my sister G’s father D’s sister E’s father B’s wife”. How is B related to F?
In this question, two statements I and II have been given. These statements may be independent causes or effects of independent causes or a common caus...
Select the correct water image of the given pattern, assuming that water is parallel to XY.
Select the term from the given alternatives which can come in place of the question mark (?) in the following series.
GNW-5, HQA-9, ITE-17, JWI-33, ?
Each of P, Q, R, S, T, U and V has exam on different day of the same week starting from Monday and ending on Sunday. R's exam is immediately before U's ...