The Committee of Creditors (CoC) has approved Aditya Birla Capital Ltd to bid for RNLIC, sources said. Reliance Nippon Life Insurance is a 51:49 joint venture between Reliance Capital and Nippon Life of Japan.source https://economictimes.indiatimes.com/industry/banking/finance/insure/lenders-permit-aditya-birla-capital-to-bid-for-reliance-nippon-life/articleshow/94901977.cms
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