August 09, 2016 02:18 am | Updated 02:18 am IST - MUMBAI:
The boards of HDFC Life and Analjit Singh’s Max group companies on Monday approved the merger of the two life insurance entities. The merger will create the largest private sector life insurance company in the country with assets under management of Rs.1.1 lakh crore with seven million customers. The exact value of the deal was not disclosed.
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