LIC IPO may spill over to next fiscal

LIC IPO may spill over to next fiscal Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said the pre-IPO work of LIC is going on at four stages -- appointment of advisors for ensuring compliance, legislative amendment, LIC#39;#39;s internal software changes to come out with its #39;#39;embedded value#39;#39; and appointing an actuary for vetting LIC#39;s actuarial valuation.

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