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Axis Bank weighs raising stake in its insurance venture to 30%

In June 2026, Axis Bank announced a further investment of up to ?381 crore in Axis Max Life Insurance, taking the combined shareholding of Axis Bank and its subsidiaries-Axis Capital and Axis Securities-from 19.02% to 19.99%. Max Financial Services holds 80.01%.

20 Jul 2026 1:11 am