Max Financial Services Sees A Clearer Path With Hurdles Behind: Prabhudas Lilladher  
A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India. (Photographer Dhiraj Singh/Bloomberg)

Max Financial Services Sees A Clearer Path With Hurdles Behind: Prabhudas Lilladher  

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Prabhudas Lilladher Report

Max Financial Services Ltd. got a much awaited regulatory approval for acquisition of stake in Max Life by Axis Bank Ltd. and its capital market subsidiaries.

Axis bank and subs will together acquire 12% stake and have a right to acquire additional 7% stake over one or more tranches which it intends to do over next few years.

Deal approval ends uncertainty on Axis and Max Life partnership, which has been a major driver of growth.

Click on the attachment to read the full report:

Prabhudas Lilladher Max Financial Event Update.pdf


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