FinanceAug 6, 2026
INDIA GOVT GARNERS OVER RS 31,000 CRORE FROM LIC STAKE SALE
BullishFinance
The Indian government has successfully raised approximately ₹31,552 crore through an Offer for Sale (OFS) of its stake in the state-owned Life Insurance Corporation (LIC). The transaction marks a significant step in the government's divestment program for the fiscal year. The strong demand underscores investor interest in the country's largest insurer.
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