News Reinsurance23 Apr 2024

India govt open to selling stake in GIC Re, LIC in FY24/25, says report

| 23 Apr 2024

The Indian government is open to a minority stake sale in General Insurance Corporation of India (GIC Re) and Life Insurance Corporation of India (LIC) in the current financial year which started on 1 April 2024, after assessing investor appetite, reported Reuters.

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