We invested in Reliance Nippon Life Asset Management Co. in 2012 and we saw very good growth over the next seven years. What are the risk and asset management practices that Nippon will bring to Indian asset management? Our passive products in India are a kind of preparation for growth in passive funds. Investors of not just Reliance Nippon Life AMC but every other AMC are facing a very big challenge. If the FDI cap in insurance changes, will you be open to increasing your stake in the life insurance business?
Source: Mint September 29, 2019 08:48 UTC