Max Life, HDFC Life Merger To Be Completed In 12 Months: Report

New Delhi: With Max Financial Services getting approval for merger from minority shareholders, the amalgamation of Max Life and HDFC Life is likely to be completed in the next 12 months. "The merger should be over in the next 9-12 months as all the requisite regulatory and statutory approval is expected by that time," sources said. Earlier this week, Max India had received approval of its shareholders for amalgamation of Max Life I...