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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

Topics
Life Insurance Corporation | Dipam | Nirmala Sitharaman

IANS 



LIC
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 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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First Published: Sat, June 20 2020. 15:53 IST

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