L&L, Khaitan lead on Reliance Capital exit from mutual funds biz

L&L, Khaitan lead on Reliance Capital exit from mutual funds biz
Published on
1 min read

Reliance Capital, the financial services business of the Anil Dhirubhai Ambani Group (ADAG), is exiting the mutual fund business by selling its entire stake in Reliance Nippon Life Asset Management Ltd (RNAM) for $646 million.

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