Tag: LIC IPO

The government changes the FEMA rules to allow 20% FDI in LIC

”These rules may be called the Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2022,” said a gazette notification issued recently. The notification has inserted a paragraph in the existing policy, allowing up to 20 per cent FDI in LIC through the automatic route. Since the foreign inflows’ ceiling for public sector banks is 20 per […]

LIC IPO | From the assessment ratings to the revised paper, this is the latest about the largest public offering in India

As an Indian life insurance company preparing to go public during the next month, a number of developments in the process began to emerge, in the midst of global global market projections and inflation projections. The government weigh all points for Woo investors and promises. This is the new one: Cut valuation Sources told Mint […]

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