Mahindra Finance acquires 20% in Mahindra Insurance Brokers for ₹206 crore
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Mahindra Finance on Friday acquired a 20 per cent stake in Mahindra Insurance Brokers Ltd (MIBL) for ₹206.39 crore to make it a wholly-owned subsidiary of the company. Consequently, MIBL has become a wholly-owned subsidiary of the company, with effect…