Three Life Insurance Corp unions urge govt not to divest stake in insurer

According to them, LIC today is managing assets in excess of Rs 32 trillion

IANS
Last Updated at June 20, 2020 16:59 IST

The three unions wrote to Sitharaman after reports appeared in the media with the DIPAM issuing a RFP regarding engagement of pre-Transaction Advisors

Three unions in Life Insurance Corporation of India (LIC) representing officers, field workers and class III employees on Saturday said the move to sell equity of the insurer will impact the economy and vulnerable sections of the Indian people.

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