LIC may propose 3-5 year time for IDBI Bank stake cut

March 18, 2019 |
|
Investments
LIC may propose 3-5 year time for IDBI Bank stake cut

New Delhi: The country's largest life insurer Life Insurance Corporation (LIC) may propose a timeline of 3-5 years for cutting down its stake in the recently acquired IDBI Bank to comply with insurance regulator Irdai's norm of 15% stake in a listed investee firm.

Related Articles

© 2019 Financial Views. All Rights Reserved