India: Reliance Nippon hires Nomura, JM Financial, CLSA to manage IPO

India: Reliance Nippon hires Nomura, JM Financial, CLSA to manage IPO

Photo: Reuters

Reliance Nippon Life Asset Management Ltd (formerly Reliance Capital Asset Management Ltd), India’s third-largest mutual fund manager, has shortlisted investment banks to manage its upcoming initial public offering (IPO), according to two persons aware of the development.

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