Axis Bank as promoter brings stability: Max Life

Axis Bank becoming a promoter of Max Life has reduced the pressure on the life insurance company to diversify its distribution channel. The private lender accounts for 55-60% of the insurer’s sales and this was creating pressure on Max Life to ensure certainty of relationship.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3dI3fbi