The Reserve Bank of India (RBI) has identified 17 non-banking financial companies (NBFCs) for inclusion in the Upper Layer (NBFC-UL) for 2026-27, expanding the list from 15 entities in the previous ...
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India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount
Indian government plans to raise up to $3.3 billion by selling its stake in the country's top life insurance company.
Shares of India's Life Insurance Corporation fell as much as 8.87% on Tuesday after the government launched an offer to sell up to a 6.5% stake at a floor price of 382 rupees apiece, ...
The Centre on Monday unveiled an Offer for Sale (OFS) to divest a 2.5 per cent stake in Life Insurance Corporation of India (LIC), along with an additional 4 per cent green shoe option, as part of its ...
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