• SENSEX
    NIFTY 50

LIC IPO: No need to repeal LIC Act for divestment of stake

Updated : February 03, 2020 12:27 PM IST

Industry officials said the sovereign guarantee is not a factor either at the retail level or at the reinsurance of life risks underwritten by LIC.
The Committee on Reforms in the Insurance Sector or popularly known as Malhotra Committee Report had recommended repeal of LIC Act and converting the LIC into a company.
LIC IPO: No need to repeal LIC Act for divestment of stake

You May Also Like

Live TV

recommended for you

Advertisement