🌏 Asia 3h ago

IDBI exit brings ₹26,337 crore to LIC, but limited upside for shareholders

The Hindu Business Line
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IDBI exit brings ₹26,337 crore to LIC, but limited upside for shareholders
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Despite a substantial cash inflow and a residual 19 per cent stake in IDBI Bank, the transaction is unlikely to materially alter LIC’s valuation, analysts say

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