Wednesday, January 27, 2021

Budget 2021: Centre likely to announce sale of IDBI Bank, stake in LIC, say sources

The Centre is likely to announce the sale of a 10% to 15% stake in state-run Life Insurance Corp, the country's biggest insurer, in the upcoming Union Budget, as part of a privatisation push to improve public finances, news agency Reuters reported citing two government sources.

The Centre is likely to announce the sale of a 10% to 15% stake in state-run Life Insurance Corp, the country's biggest insurer, in the upcoming Union Budget, as part of a privatisation push to improve public finances, news agency Reuters reported citing two government sources. January 28, 2021 at 10:43AM https://ift.tt/2Mbsg4T

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