Reliance Nippon Life in talks with IndusInd Bank on bancassurance tie up

Q: How long will it take to read this news story?

The story "Reliance Nippon Life in talks with IndusInd Bank on bancassurance tie up" has 591 words across 19 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Reliance Nippon Life in talks with IndusInd Bank on bancassurance tie up" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 318 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24537728</li><li>URL: https://beamstart.com/news/reliance-nippon-life-in-talks-17345319629048</li></ul>

Business Standard Logo Business Standard 5h ago

Reliance Nippon Life in talks with IndusInd Bank on bancassurance tie up - Business Standard

Quick Summary:

Reliance Nippon Life Insurance, a subsidiary of debt-ridden Reliance Capital (RCAP), has initiated talks with IndusInd Bank for bancassurance partnership as the IIHL and RCAP deal has reached the final lap.

This augurs very well for the business and policyholders as IIHL has a very strong capital base and a solid global aspiration in BFSI space," Reliance Nippon Life Insurance CEO Ashish Vohra told PTI.

Hinduja Group company IIHL is expecting to complete the acquisition of RCAP by next month nearly a year after the National Company Law Tribunal (NCLT) approved its rescue plan.