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MetLife to up stake in India insurance JV, value entity at $1.5 bn

By Ankit Doshi

  • 13 Jun 2018
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MetLife to up stake in India insurance JV, value entity at $1.5 bn
Credit: Thinkstock

American insurance major MetLife Inc is looking to raise its stake in the Indian life insurance business it runs through a joint venture with state-owned lender Punjab National Bank Ltd, a person familiar with the development told VCCircle.PNB MetLife India Insurance Co. Ltd will now be valued at around Rs ......

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