CURRENT AFFAIRS : BANKING & FINANCE
HDFC Bank & Axis Bank to acquire a 9.94% stake each in Go Digit’s life insurance business
- Two of India’s largest private lenders, Axis Bank and HDFC Bank, have signed definitive agreements to acquire a 9.94% equity stake each in the Go Digit Life, the life insurance business of insurtech unicorn Go Digit, which is set to go public.