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Board of Axis Bank approves reclassification of GIC to Public category

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Capital Market

At meeting held on 14 June 2021

The Board of Axis Bank at its meeting held on 14 June 2021 has approved the re-classification of General Insurance Corporation of India to Public category from Promoter category, subject to the approval of the Stock Exchanges, Statutory/Regulatory Authorities and the Shareholders of the Bank.

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First Published: Jun 14 2021 | 9:19 PM IST

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