IRDAI approval paves way for Reliance Capital sale to IIHL
Saturday, 11 May 2024 ()
The Insurance Regulatory and Development Authority of India has given approval for a third Indian investor to hold 26% in Reliance Nippon Life, Reliance General, and Reliance Health insurance companies. This move paves the way for IndusInd International Holdings (IIHL) to acquire Reliance Capital.
The Insurance Regulatory and Development Authority of India has given approval for a third Indian investor to hold 26% in Reliance Nippon Life, Reliance General, and Reliance Health insurance companies. This move paves the way for IndusInd International Holdings (IIHL) to acquire Reliance Capital.
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