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LIC seeks CCI nod for IDBI Bank deal

Updated : October 31, 2018 05:46 PM IST

A listed entity, IDBI Bank is grappling with mounting toxic loans with gross non-performing assets rising to about about Rs 57,807 crore at the end of the June quarter.
Mergers and acquisitions beyond a certain threshold require approval of the Competition Commission of India (CCI).
LIC seeks CCI nod for IDBI Bank deal

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