Approval from IRDAI on Axis Bank stake hike expected by March: Max Life CEO

​ Earlier in October, the Reserve Bank of India (RBI) did not approve Axis Bank's proposal to raise its stake up to 29 per cent but scaled it down to an aggregate of 19.02 per cent with the subsidiaries of private sector lenders.

from Banking/Finance-Industry-Economic Times https://ift.tt/3ggUgyP