LIC yet to seek open offer exemption for IDBI takeover: Sebi - News blog

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Tuesday, September 18, 2018

LIC yet to seek open offer exemption for IDBI takeover: Sebi

On July 16, the board of the national insurer had accepted the forced takeover of the bank, which has been under the prompt corrective action plan of the Reserve Bank after its bad loans touched 28 per cent.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2MJpwFX
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