MNYLMax New York Life (India)
MNYLMedway News Youth League (soccer league; UK)
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The Corporate clients of MNYL include Citi Financial, SAIL, Deustche Bank, India Bulls
The performance review at MNYL happens once in year.
Last week, the Board of Directors of MNYL approved the proposal for a proposed corporate agency tie-up between MNYL and Axis Bank for a term of 10 years whereby Axis Bank would be distributing life insurance products of MNYL pan India effective May 01, 2010.
The proposal for the corporate agency tie-up and issuance of shares of MNYL are subject to regulatory approvals, it said.
Under this arrangement MNYL will reach out to LifeCell's customers who are expectant parents and create awareness on the importance of securing a child's future against unseen health and financial needs.