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IIHL is a Mauritius-based investment holding company with several investments in banking and financial services firms, including private sector lender IndusInd Bank, while IAMI is the Indian arm of the global investment management firm Invesco having over USD 1.6 trillion in assets under management. Get more Companies News and Business News on Zee Business.
Insurance regulator IRDAI has expressed some reservations over Hinduja Group firm IndusInd International Holdings’ (IIHL) resolution plan for debt-ridden Reliance Capital, which is also in the insurance business, including non-life, sources said. Insurance Regulatory and Development Authority of India (IRDAI) in a recent communication to Nageshwara Rao Y, the administrator of Reliance Capital has said […]
Sundaram MF-Principal MF, HSBC AMC-L&T MF and Bandhan-led consortium acquiring IDFC MF are some of the transactions in the sector over the past few years.