Minister explains LIC's investment practices under government oversight.
1 report, 1 independent
Updated Aug 1
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What happened
Minister explains LIC's investment practices under government oversight.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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finance ministry
type of ministry responsible for government finances and economic policy
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Life Insurance Corporation of India
Indian state-owned insurance group and investment company
Related events
- Life Insurance Corporation of India (LIC) has been identified as a promoter of a bank.
- 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.
- The government is disinvesting its equity stake in the Life Insurance Corporation of India.