Cabinet allows up to 20% FDI in IPO-bound LIC: Sources - Shahpur Turk CSC - Common Service Centre in Sonipat Cabinet allows up to 20% FDI in IPO-bound LIC: Sources

26 February 2022

Cabinet allows up to 20% FDI in IPO-bound LIC: Sources

The government on Saturday permitted up to 20 per cent foreign direct investment (FDI) under automatic route in IPO-bound LIC with an aim to facilitate disinvestment of the country's largest insurer, sources said.

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