Insurance regulator IRDA permits LIC to pick up to 51 percent stake in debt-ridden IDBI Bank - Dealers Care

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Saturday, 30 June 2018

Insurance regulator IRDA permits LIC to pick up to 51 percent stake in debt-ridden IDBI Bank

LIC has been looking to enter the banking space by acquiring a stake in IDBI Bank as the deal is expected to provide business synergies

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