Axis Bank Ltd.

Axis Bank has received an approval from the Competition Commission of India (CCI) for the subscription to 14,25,79,161 equity shares of Max Life Insurance Company. Max Life Insurance is engaged in the business of providing life insurance and annuity products and investment plans in India.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.