LIC Board Agrees To Acquire 14.9% Stake In IDBI Bank As First Step
File photo of the LIC building at Nariman Point. 

LIC Board Agrees To Acquire 14.9% Stake In IDBI Bank As First Step

India’s largest insurer Life Insurance Corporation of India Ltd. will purchase 14.9 percent equity stake in IDBI Bank Ltd., as a first step towards taking majority ownership in the lender.LIC has g...
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