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
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