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NAM-INDIA Nippon Life India Asset Management News Story

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Brief: India's Reliance Nippon Sept-Qtr AUM Rises 12%, Profit Rises 20%

Oct 24 (Reuters) - Reliance Nippon Life Asset Management Ltd
 RELL.NS :
    * SAYS NIPPON LIFE INSURANCE INCREASES STAKE IN RNAM TO 75%
    * SAYS AUM AT SEPT 30 WAS 4.54 TRLN RUPEES OR $64.2 BILLION
    * SAYS SEPT QUARTER PROFIT AFTER TAX 1.37 BILLION RUPEES, UP
20%
    * SAYS AT SEPT-END, COMPANY AUM UP 12% YOY, MUTUAL FUNDS AUM
DOWN
17% YOY

Source text for Eikon:  ID:nBSE2LjjQr 
Further company coverage:  RELL.NS 

 ((bangalore.newsroom@thomsonreuters.com;))

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