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Home > Top Business News- News18.com > Irdai Allows LIC to Pick Up to 51% Stake in Debt-ridden IDBI Bank

Irdai Allows LIC to Pick Up to 51% Stake in Debt-ridden IDBI Bank

July 01, 2018
State-owned LIC has been looking to enter the banking space by acquiring majority stake in IDBI Bank as the deal is expected to provide business synergies despite the lender's stressed balance sheet.

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