India pushing to get LIC IPO done on time: Finance Minister

The internal valuation that’s needed “almost annually” for a company of LIC’s size, “hasn’t been done,” Sitharaman said. Given that the 65-year old insurer hasn’t ever been valued, the process will take time, finance minister Nirmala Sitharaman said.

from Banking/Finance-Industry-Economic Times https://ift.tt/3aU9GXz