New Delhi: Finance Minister Nirmala Sitharaman on Saturday said insurance behemoth LIC will be listed as part of the government disinvestment initiative.
She further said that the listing brings in more financial discipline among the entities.
The government proposes to sell a part of its holding in LIC through initial public offer, she said while unveiling Budget 2020-21.
Currently, the government owns the entire 100 per cent stake in Life Insurance Corporation of India (LIC).
PTI
RELATED STORIES
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.
IN CASE YOU MISSED IT
.jpg?$p=77f094c&f=1x1&w=100&q=0.8)
%20(1).jpg?$p=892b81a&f=1x1&w=100&q=0.8)
.jpg?$p=77f094c&q=0.8&f=16x11&w=104)
%20(1).jpg?$p=892b81a&q=0.8&f=16x11&w=104)
.jpg?$p=2922c1a&q=0.8&f=16x11&w=104)
.jpg?$p=9396e2d&q=0.8&f=16x11&w=104)
