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Irdai directs Max Life to rejig Axis Bank deal
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Irdai directs Max Life to rejig Axis Bank deal
2020-7-24 09:00 am
Business News
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The regulator has not agreed to the ‘value creation options’ condition that allowed Axis Bank to exit at a fixed price. In April, the private bank had agreed to hike its stake in the life insurer to 30% for Rs 1,600 crore.
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