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Nippon Life eyes minority stake in India’s IndusInd Bank

GlobalData
Summary
Nutrition label

82% Informative

Reliance Nippon Life Insurance's India unit is reportedly in discussions to acquire a minority stake in India -based IndusInd Bank .

The Mumbai -based bank, with a market capitalisation of approximately $8.4bn , serves 42 million customers across India .

The talks are at a preliminary stage, and there is no certainty they will result in a deal said the sources.

VR Score

78

Informative language

73

Neutral language

90

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

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