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Reliance Capital to exit mutual funds business; sells stake to JV partner Nippon Life Insurance

Updated : May 23, 2019 12:53 PM IST

Both partners hold 42.88 percent each in the company, while the rest is with public shareholders.
Reliance Capital said it has signed binding definitive agreements with Nippon Life Insurance of Japan.
Reliance Capital to exit mutual funds business; sells stake to JV partner Nippon Life Insurance

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