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Axis Bank, Max Life say got all approvals for stake buy; fraud allegations unfounded

Axis Bank, Max Life say got all approvals for stake buy; fraud allegations unfounded
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Subramanian Swamy Moves Delhi HC Alleging Massive Scam In Max Life s Transactions With Axis Bank

Subramanian Swamy Moves Delhi HC Alleging Massive Scam In Max Life s Transactions With Axis Bank
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Axis Bank, Max Life Insurance say all necessary regulatory approvals obtained in response Subramanian Swamy s PIL

Axis Bank said on Thursday that it has obtained all necessary regulatory approvals in connection with the purchase of shares of Max Life Insurance with regard to the public interest writ petition filed by BJP leader Subramanian Swamy.A public .

Axis Bank clarifies on share deal with Max Life Insurance: Obtained all necessary approvals

Axis Bank's clarification comes hours after it was reported that BJP MP Subramanian Swamy had moved the Delhi High Court, alleging a scam of nearly Rs 5,100 crore by Axis Bank, which he said made undue gains by way of transactions in shares of Max Life Insurance.

Subramanian Swamy moves Delhi HC alleging massive scam in Max Life s transactions with Axis Bank

BJP leader Subramanian Swamy has filed an PIL before the Delhi High Court seeking a comprehensive probe into the alleged fraud in Axis Bank involving undue profits through the sale and purchase of shares, violating regulatory guidelines and .

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