Monday, October 18, 2021

India pushing to get LIC IPO done on time: Finance Minister

The internal valuation that’s needed “almost annually” for a company of LIC’s size, “hasn’t been done,” Sitharaman said. Given that the 65-year old insurer hasn’t ever been valued, the process will take time, finance minister Nirmala Sitharaman said.

source https://economictimes.indiatimes.com/industry/banking/finance/insure/india-pushing-to-get-lic-ipo-done-on-time-finance-minister/articleshow/87109380.cms

No comments:

Post a Comment