ETV Bharat / bharat

DPIIT notifies 20 pc FDI in LIC under automatic route

The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow 20 per cent foreign direct investment (FDI) in IPO-bound LIC.

DPIIT notifies 20 pc FDI in LIC under automatic route
DPIIT notifies 20 pc FDI in LIC under automatic route
author img

By

Published : Mar 15, 2022, 7:54 AM IST

New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow 20 per cent foreign direct investment (FDI) in IPO-bound LIC. The Union Cabinet had last month approved the decision to facilitate disinvestment of the country's largest insurer.

Also Read: LIC IPO: Government to take call in best interest of investors, says official

PTI

New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow 20 per cent foreign direct investment (FDI) in IPO-bound LIC. The Union Cabinet had last month approved the decision to facilitate disinvestment of the country's largest insurer.

Also Read: LIC IPO: Government to take call in best interest of investors, says official

PTI

For All Latest Updates

ETV Bharat Logo

Copyright © 2025 Ushodaya Enterprises Pvt. Ltd., All Rights Reserved.