Insurance Venture

As per a notification issued by the regulator on September 15, banks are now allowed to tie-up with insurers to sell products through their branches.

CCI clears AXA raising stake in insurance JVs with Bharti

Earlier this month, the Foreign Investment Promotion Board (FIPB) had approved the two deals worth Rs 1,290 crore.

AXA gets approval to raise stake in Bharti insurance JVs

In March, foreign ownership limit in Indian insurance companies was lifted to 49 percent from 26 percent as parliament voted to change the law, in the first major economic reform almost a year after Prime Minister Narendra Modi came to power.

HDFC Life IPO still some time away: CEO

In an interview to CNBC-TV18, Amitabh Chaudhry, managing director and chief executive officer, HDFC Lifesays the company‘s stake sale to Azim Premji Trust is is in no way a pre-initial public offer (IPO).