Rel Cap in talks for stake sale in general insurance arm

Financial services major Reliance Capital group has begun talks to sell 26 per cent equity in its general insurance arm to a
foreign partner, and is open to selling further stake in life insurance and mutual fund units. Reliance Capital CEO Sam Ghosh told Press Trust Of India in an interview. Reliance Capital, has already sold 26 per cent stake in each of its mutual
funds and life insurance units to Japanese financial services major Nippon.