Govt, LIC to divest 60.72 per cent stake in IDBI Bank

Oct 07, 2022

New Delhi [India], October 7 : The Government of India and Life Insurance Corporation of India (LIC) will together divest 60.72 per cent stake...

LIC to reduce IDBI Bank stake to 19% as Cabinet clears Rs 52,878 crore with Canada’s Fairfax deal

Oct 14, 2026

Life Insurance Corporation of India (LIC) will reduce its stake in IDBI Bank to 19 per cent as the Union Cabinet on Wednesday approved...

Govt may extend dateline for submitting expression of interest of IDBI Bank disinvestment

Dec 09, 2022

In October, the government and the LIC decided to offload a little over 30 per cent each in IDBI Bank. They issued a preliminary...

LIC increases its stake in IDFC First Bank to 2.68 per cent

Jul 04, 2024

The Life Insurance Corporation (LIC) of India has increased its stake in IDFC First Bank

Govt & LIC to sell 60.7% stake in IDBI Bank; revised bids under evaluation, deal likely within a month

Jul 14, 2026

The Government of India and state-run Life Insurance Corporation of India (LIC) are moving ahead with the strategic sale of their combined 60.7 per...

LIC increases stake in Bank of Maharashtra from 4.05 pc to 7.1 pc through QIP

Oct 06, 2024

Life Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the company informed the exchange in a filing.