IndiaInsurance
5th April 2010, 06:49 AM
Max New York Life has given a 4% stake worth Rs 400 crore to Axis Bank for just under Rs 80 crore in exchange for a 10-year exclusive distribution deal as it looks to break into the league of top-five insurance players.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/Distribution-deal-helps-Axis-get-4-in-Max-NY-at-just-Rs-80-cr/articleshow/5761324.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/Distribution-deal-helps-Axis-get-4-in-Max-NY-at-just-Rs-80-cr/articleshow/5761324.cms)