The Indian union cabinet has approved a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp of India (LIC), a government source said. This move is aimed at easing the much anticipated listing of the state-run insurer.source https://economictimes.indiatimes.com/industry/banking/finance/insure/lic-ipo-news-cabinet-allows-up-to-20-fdi-in-lic-sources-say/articleshow/89848077.cms
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