News Regulations08 Mar 2021

India:Govt plans to increase authorised capital of LIC by 2.5x to prepare for IPO

| 08 Mar 2021

The government has proposed to increase significantly the authorised capital of the country's biggest life insurer, Life Insurance Corporation of India (LIC), to INR250bn ($3.4bn) to facilitate its public listing scheduled for the next fiscal year beginning 1 April.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

Error : Object reference not set to an instance of an object.

Recent Comments
Other News

Follow Asia Insurance Review