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Question
Which bank has recently became co-promoter of Max Life Insurance Company?
Options:
A .  IDBI Bank
B .  RBL Bank
C .  Axis Bank
D .  HDFC Bank
Answer: Option C

The Axis Bank Ltd said that it has become co-promoters of Max Life Insurance Company Limited, after completion of the acquisition of 12.99% stake collectively by the Axis Entities in the company.



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