BNP Paribas Cardif to acquire 26% stake in IndiaFirst Life from Warburg Pincus

•BNP Paribas Cardif acquires 26% stake in IndiaFirst Life Insurance from Warburg Pincus, subject to regulatory approvals.

•Bank of Baroda retains 65% stake, while Union Bank of India holds 9% in IndiaFirst Life.

•BNP Paribas Cardif will support IndiaFirst Life's growth in India, focusing on insurance product accessibility for the population.