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News
Indian Bank plans life insurance, asset management foray; board approval next, CEO says
23+ hour, 30+ min ago (415+ words) Indian Bank's plans to enter the life insurance and asset management segments are progressing as planned, and it would soon approach the board for approval, the bank's MD and CEO Binod Kumar said. The lender is currently in the process…...
Prabhu Mahalaxmi Life Insurance Announces Sale of 1.64 Million Promoter Shares
1+ day, 1+ hour ago (56+ words) ictframe.com · Sun Sep 13 06:16:03 GMT 2026 13th September 2026, Kathmandu Prabhu Mahalaxmi Life Insurance Limited has formally announced the sale of 1.64 million promoter shares following formal requests from existing promoter shareholders seeking to transfer their holdings. Art Journalist | Grievance Officer Have a suggestion…...
India Post allows savings bank account holders to opt for postal life insurance
4+ week, 2+ day ago (112+ words) Updated On: 15 August, 2026 09:41 AM IST | New Delhi | PTI A person can opt for rural PLI in the age bracket of 18-43 years and can invest up to 10 lakh in rural PLI. RPLI is a prevalent insurance option in rural India India…...
SBI Life, JK Bank partner to bring comprehensive life insurance solutions closer to families across India
1+ mon, 1+ week ago (59+ words) Territorial Army Plays Key Role in Nation Building, Disaster Response: Rajnath Singh CII Holds Roundtable on Inclusive Tourism to Promote Accessible Travel in J&K Kulgam Attack: ‘No Compensation Can Undo Loss,’ Says CM Omar; Announces… JK on High Alert:…...
Axis Max Life Declares INR 2,530 Crore Participating Bonus for FY26
3+ mon, 4+ day ago (208+ words) Axis Max Life Insurance Ltd. formerly known as Max Life Insurance Company Ltd (Axis Max Life/ Company), has announced a Participating (PAR) bonus of 2,530 Crore for eligible policyholders for FY2025-26. This marks the Company's 24th consecutive annual bonus and takes the cumulative…...
Axis Max Life's ₹2,530Cr Bonus Masking Margin Squeeze
3+ mon, 5+ day ago (58+ words) Whalesbook Axis Max Life Insurance has declared a record ₹2,530 crore participating bonus for FY26. While the payout targets 21 lakh policyholders, the company faces mounting scrutiny over profitability, as parent firm Max Financial Services struggles with a 74% decline in annual net profit…...
Axis Bank Acquires Additional 0.97% Stake in Max Life for ₹380.60 Crore
3+ mon, 1+ week ago (383+ words) Axis Bank Ltd. has announced the acquisition of an additional 0.97% stake in its life insurance subsidiary, Axis Max Life Insurance Company Limited, for ₹380.60 crore. Reader Takeaway: Increased ownership in a growing insurance subsidiary; backed by RBI approval. Axis Bank is…...
Axis Bank Increases Stake in Axis Max Life Insurance Company Limited
3+ mon, 1+ week ago (298+ words) InvestyWise Axis Bank Increases Stake in Axis Max Life Insurance Company Limited Axis Bank Limited has announced an additional investment of up to Rs. 3,80,60,36,780/- in Axis Max Life Insurance Company Limited. This strategic move is set to increase the aggregate…...
Axis Max Life Insurance elevates Karan Mehra to Vice President of Policy Owner Services
3+ mon, 2+ week ago (239+ words) Axis Max Life Insurance Limited has announced the promotion of corporate veteran Karan Mehra to Vice President of Policy Owner Services. The leadership elevation comes after Mehra’s nearly 15-year tenure with the insurance organization, during which he has scaled the…...
Axis Max Life Ranks #1 in Customer Experience Amongst Life Insurers in India: Hansa Research's Life Insurance CuES 2026
3+ mon, 2+ week ago (1203+ words) Axis Max Life Insurance Limited (Axis Max Life / Company), formerly known as Max Life Insurance Company Limited, has secured the top position in the Hansa Research Customer Experience Study (CuES) 2026, ranking #1 among Indian life insurers with a Net Promoter Score…...