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FM Nirmala Sitharaman reviews progress on planned mega LIC IPO
Finance Minister Nirmala Sitharaman on Friday reviewed the progress of the planned disinvestment of the country’s largest insurer LIC.
The initial public offering (IPO) of Life Insurance Corporation (LIC), touted to be the biggest ever in the country’s history, is expected to hit the markets by March.
“Union Finance Minister Smt. @nsitharaman reviewed progress of the LIC IPO in New Delhi today in presence of @SecyDIPAM; Secretary @DFS_India and Senior Officials @LICIndiaForever and @FinMinIndia via VC,” the finance ministry tweeted.