Rising medical expenses top anxiety of urban India: Survey
As per IPQ 6.0, urban India has demonstrated a remarkable progress in financial readiness, with 3 out of 4 urban Indians now owning life insurance products.
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February 2024
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August 2022
Axis Bank, Max Financial shares fall after Subramanian Swamy's '₹5,100 cr scam' allegation
Swamy has alleged that the Axis Bank-Max Life deal violated the mandatory directions of the IRDAI.
Millennials best prepared for retirement than other age brackets: India Retirement Index
With a retirement index of 48 points, millennials surpass others in retirement preparedness, backed by heightened awareness of financial products
Max Financial Services shares hit 52-week high; surge 56% in 4 months
The share price of the life insurance company gained as much as 6.3% to touch a new 52-week high of ₹937.50 in early trade today.
Axis Bank to raise stake in Max Life Insurance by 6.23%
After the proposed transaction, Max Financial Services, which is the holding company of Max Life, will have an 80.98% stake in the insurance firm.
Max Life to pay ₹3 cr IRDAI penalty but insists no ‘wrongdoing’
In 2021 Axis Bank-Max Life deal, IRDAI says Max Life facilitated transactions of transfer of its shares between parties in violation of its rules, which allowed Axis entities to make “undue profits”.
What is a 'zero' cost term plan? Who should buy it?
A significant number of consumers fear that if nothing unfortunate happens, they would be wasting a huge amount towards the premiums paid for term insurance.
