Reliance Capital’s subsidiary company -- Reliance Nippon Life is aiming more than 20 per cent growth in new business premium in the current financial year. In the current fiscal (year-till-date October), new premium growth has been 20 per cent. The company is looking forward to improving performance in the rest of the financial year and grow over 20 per cent (for fiscal 2022). The company's new business premium stood at Rs 553 crore for the April-October period as against Rs 462 crore in the same period of last fiscal.
Reliance Capital, a part of the Reliance Group, is one of India’s leading private sector financial services companies. It has interests in asset management and mutual funds; life, health and general insurance; commercial and home finance; stock broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.
