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Ageas to acquire 23% additional stake from IDBI Bank in IDBI Federal Life Insurance
Post this deal, IDBI Bank will hold 25 percent stake in the life insurer, Ageas will hold 49 percent which is the maximum permissible limit under the foreign direct investment rules.
Post this deal, IDBI Bank will hold 25 percent stake in the life insurer, Ageas will hold 49 percent which is the maximum permissible limit under the foreign direct investment rules.
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