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Road To LIC IPO Paved With Special Dispensations
The proposed changes to the LIC Act will open the doors for around 20 crore policyholders to participate in the IPO
12 Feb 2021, 09:58 AM IST
The Indian government has proposed changes to existing regulations aimed at making a share sale by Life Insurance Corporation of India attractive for investors. The initial public offering of India’s largest insurer, first proposed in last year’s budget, is key to the government achieving its disinvestment goal of Rs 1.75 lakh crore for 2021-22.Among the exemptions being sought is a proposal that will enable the Indian government to ...
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