IndusInd Bank sells stake worth Rs 760 crore in Nippon Life

As much as 2.86% stake of Nippon Life India Asset Management Ltd. changed hands in a pre-market large trade on Wednesday. While the buyers and sellers could not be confirmed immediately, NDTV Profit had reported based on terms for the deal that IndusInd Bank Ltd. will sell its entire 2.86% stake in the asset management company.