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.
Part IV A of the Indian Constitution deals with_________________
The terms legislation has been derived from two Latin words, legis meaning _______ and latum meaning ______
'la principle de legalite' means:
As per section 7 of the Banking Regulation Act the provisions of this section shall not apply to____.
Which of the following is not a punishment within the meaning of Section 53 of the Indian Penal Code?
Which of the following is not defined in the Indian Evidence Act?
In order to apply the doctrine of Res-Judicata, which of the following is “former suit”?
The Information Technology Act, 2000 shall not apply to_________.
Is a written contract compulsory to be made for a lease?
What does Habeas Corpus mean?