For one, the LIC Act, 1956, will have to be amended to increase the capital base. Simplification of investment books and additional public disclosures are the other steps. A combination of Indian and international listing is expected to be the model.Explained: Here are the changes LIC will have to undergo before it gets listed on exchanges
For one, the LIC Act, 1956, will have to be amended to increase the capital base. Simplification of investment books and additional public disclosures are the other steps. A combination of Indian and international listing is expected to be the model.
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