LIC Assures High Court It Will Pause IDBI Bank Deal Till Aug. 30
A pedestrian walks past an IDBI Bank Ltd. automated teller machine branch in Jaipur.(Photograph: Sanjit Das/Bloomberg)

LIC Assures High Court It Will Pause IDBI Bank Deal Till Aug. 30

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The Life Insurance Corporation of India told the Delhi High Court that it will not take any steps till Aug. 30 towards its proposed acquisition of 51 percent stake in IDBI Bank Ltd.The oral assuran...
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