Life Insurance Corporation of India (LIC) has been identified as a promoter of a bank.
6 reports, 2 independent
Updated Sep 5
Gone quiet
- Reports
- 6
- Developments
- 2
- Repetition
- 67%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Life Insurance Corporation of India (LIC) has been identified as a promoter of a bank.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.LIC is permitted by the RBI to acquire a stake in ICICI Bank.1 source
LIC is a promoter of a bank.1 source
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The entities involved
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Life Insurance Corporation of India
Indian state-owned insurance group and investment company
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bank
financial institution that accepts deposits
Related events
- LIC sold a stake through the Offer for Sale (OFS) mechanism on August 28, 2026.
- The Government of India divested a stake in LIC through a broker syndicate involving Motilal Oswal, BNP Paribas, and Goldman Sachs.
- Centre and LIC jointly plan to sell 60.72 percent stake in IDBI Bank, seeking Rs 50,000 crore via divestment.