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Budget 2020 | Government To Sell Stake In Life Insurance Corporation Via IPO



Finance minister Nirmala Sitharaman said the government will sell a part of its stake in Life Insurance Corporation (LIC) through an Initial Public Offering (IPO). The insurance behemoth will be listed as part of the government’s disinvestment initiative, the Finance Minister Nirmala Sitharaman said during her Budget speech on Saturday.

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