Nippon Life is alleged to think about shopping for stake in IndusInd Financial institution, ETCFO
Nippon Life Insurance coverage Co.’s India unit is contemplating shopping for a minority stake in IndusInd Financial institution Ltd., folks aware of the matter mentioned, with the goal of utilizing the lender’s community to develop gross sales of its insurance coverage merchandise. Reliance Nippon Life Insurance coverage Ltd. might search as a lot as 9.9%…