Aditya Birla Capital is thinking of selling its insurance broking business.
Aditya Birla Capital, one of India’s leading financial services companies, is reportedly considering selling its insurance broking business. The move comes as the company looks to focus on its core businesses and reduce debt.
The insurance broking business is a relatively small part of Aditya Birla Capital’s overall operations, but it is a highly competitive and regulated market. The company has been exploring a sale for some time, and it is thought that a deal could be announced in the coming weeks.
This would be a significant development in the Indian insurance market, and it will be interesting to see how other players react if Aditya Birla Capital does indeed go ahead with a sale.
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