by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Reinsurance
The government is also actively planning to disinvest in Life Insurance Corporation (LIC) shortly New Delhi/Mumbai: The Indian government held road shows in London and Singapore to assess investor interest for a minority stake sale in state-run GIC Re. Top officials...
by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life
Some of the names where the government will like to disinvest include a few PSU banks like UCO Bank and Bank of Maharashtra and Life Insurance Corporation of India New Delhi, Sep 22 (IANS) India is set to surpass its Rs 47,000 crore disinvestment target for the...
by AIP Online Bureau | Aug 21, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy
“LIC’s market value is around Rs 6 lakh crore. So, keeping in mind the liquidity of the market, transactions are designed according to that. And it is not appropriate to give any number in the form of a rumour in the middle of the market,” Arunish...
by AIP Online Bureau | Aug 1, 2025 | Indian News, Life, Policy, Regulation
“As far as LIC is concerned, we have completed the RFP process. The process for appointment of merchant bankers and legal advisors has been completed,” DIPAM) Secretary Arunish Chawla said The government needs to offload another 6.5 per cent stake in the...
by AIP Online Bureau | Apr 9, 2025 | Eco/Invest/Demography, Indian News, Life, Policy
The privatisation of IDBI Bank has been in process for over two and a half years. In October, 2022, when the government, together with LIC, had invited EoI from investors for privatising IDBI Bank by selling a total of 60.72 per cent stake. This includes a 30.48 per...
