Home Business LIC board approves proposal to acquire 51% stake in IDBI Bank

LIC board approves proposal to acquire 51% stake in IDBI Bank

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Lucky Jain
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(G.N.S) Dt. 16 New Delhi Life Insurance Corporation’s board board approved acquisition of up to 51 per cent stake in IDBI Bank by the insurance major, Economic Affairs Secretary SC Garg said on Monday. Now the state-owned Life Insurance Corporation of India (LIC) will approach markets regulator Sebi (Securities and

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