Axis Bank’s Max Life Insurance Stake Buy Gets CCI Approval
The Indian bancassurance sector is on the cusp of a significant transformation following the Competition Commission of India’s (CCI) approval on April 2, 2024, for Axis Bank’s proposed acquisition of a stake in Max Life Insurance Company Ltd. This development, announced in August 2023, entails Axis Bank infusing ₹1,612 crore into Max Life through a […]
Canara Bank-Health Loans, Savings Accounts for Women
Canara Bank took a significant step towards financial inclusion for women on April 3, 2024, by launching a compelling package of financial products. This initiative addresses two key areas: bridging the financial burden of healthcare and empowering women through tailored banking solutions. Addressing the Healthcare Gap: The centerpiece of this launch is the Canara Heal […]