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Proposed IPO of LIC to benefit insurance industry: Fitch

Proposed IPO of LIC to benefit insurance industry: Fitch Fitch said it expects that the initial public offering (IPO), once executed, may also encourage some of the other private sector insurance companies to list some of their shares in the stock market over the medium term, although the current insurance regulation does not require all insurers to be listed publicly.

from Moneycontrol Business News https://ift.tt/3927f2T
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