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Friday, June 29, 2018

Irdai permits LIC to pick up to 51% stake in debt ridden IDBI Bank

State-owned LIC has been looking to enter the banking space by acquiring majority stake in IDBI Bank as the deal is expected to provide business synergies despite the lender's stressed balance sheet.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News


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