Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowAxis 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.
Which protocol is used to send emails?
What is the objective of the ‘Know Your DIGIPIN’ web portal launched by India Post?
Which of the following sector comes under the eight-core industrial sector of India?
For snow-bound areas, what is the reference date for the Census 2027 enumeration?
Recently, Japan successfully conducted a test-fire of what advanced technology from an offshore platform?
How many candidates are contesting elections across 10 States/UTs going for polls in phase 4 of Lok Sabha Elections 2024?
Who is likely to inaugurate the 46th session of the UNESCO World Heritage Committee?
Which state launched the logo, theme song, and mascot for the upcoming 38th National Games?
By what year must India's power emissions peak to align with the Paris Agreement?
Who is known as the ‘Father of Angioplasty’ in India, who passed away in 2025?