LIC-IDBI Bank deal tantamount to loot of public savings: CPI(M)

LIC-IDBI Bank deal tantamount to loot of public savings: CPI(M) In a statement, the Left party said the Life insurance Corporation (LIC) was a repository of public savings in the form of insurance policies, and using this capital to bailout the "worst defaulter” bank was “tantamount” to loot of people#39;s savings.

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