Don’t see major impact of proposed mis-selling norms: Axis Max Life MD, CEO

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Sumit Madan talks about RBI’s proposed guidelines on mis-selling and their likely impact on the company and the sector, the firm’s business plans going forward, among other issues

Sumit Madan, CDO and the CEO designate, Axis Max Life Insurance

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Sumit Madan, CDO and the CEO designate, Axis Max Life Insurance

Aathira VarierSubrata Panda

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Following Axis Max Life Insurance’s Q3FY26 earnings, Sumit Madan, managing director (MD) and chief executive officer (CEO) of the company, spoke to Aathira Varier and Subrata Panda in a video interview about the Reserve Bank of India’s (RBI’s) proposed guidelines on mis-selling and their likely impact on the company and the sector, the firm’s business plans going forward, and the status of its reverse merger with Max Financial Services, among other issues. Edited excerpts:

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