Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.167)

167. 

Which bank has recently became co-promoter of Max Life Insurance Company?

[A]. RBL Bank
[B]. HDFC Bank
[C]. IDBI Bank
[D]. Axis Bank

Answer: Option D

Explanation:

The Axis Bank Ltd said that it has become co-promoters of Max Life Insurance Company Limited, after completion of the acquisition of 12.99% stake collectively by the Axis Entities in the company.

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