Reliance Capital Ltd held 32.12 per stake in Reliance Nippon Life Asset Management (RNAM) at June end, while the other promoter Nippon Life Insurance Company held 42.88 per cent state.

Reliance Nippon LifeQ1 results: Consolidated total income declined by 15.09 per cent to Rs 360.41 crore in Q1FY20, as against Rs 424.46 crore in Q1FY19