IndusInd Bank stake sale: Nippon Life to buy shares in private lender – Details

IndusInd Bank stake sale: Nippon Life Insurance Co.’s India unit is considering buying a minority stake in IndusInd Bank. Earlier in November 2024, Reliance Nippon Life Insurance, which is a subsidiary of Reliance Capital (RCAP), initiated talks with IndusInd Bank for bancassurance partnership. Moreover, today, IndusInd Bank has announced that it has reappointed Sumant Kathpalia as MD & CEO.

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