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Question
The Axis Bank and its subsidiaries have recently acquired what percent of stake in the Max Life Insurance Company to become its co-promoters?
Options:
A .  11.55%
B .  15.11%
C .  12.99%
D .  14%
Answer: Option C

The Axis Bank along with its subsidiaries, Axis Capital and Axis Securities, have completed the acquisition of 12.99 percent stake in the Max Life Insurance Company.



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