Tag Archives: insurance

Jan Dhan Air Conditioning Holder Insurance: FM

NEW DELHI : Jan Dhan account holders will be offered government-backed accident and life insurance, the Finance Ministry said on Friday, signaling an expansion of social security for the poor. The schemes on offer are Prime Minister Jeevan Jyoti Bima Yojana (PMJJBY) and Prime Minister Suraksha Bima Yojana (PMSBY). Both …

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Axis Bank will acquire a 29% stake in Max Life Insurance

[ad_1] Axis Bank’s board has approved the purchase of an additional 29% stake in Max Life Insurance, which will raise the private lender’s total stake in the insurer to 30%. Max Financial Services currently owns a 72.5% interest in Max Life and Mitsui Sumitomo Insurance (MSI) has a 25.5% interest. …

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