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Top headlines: LIC virtual road shows underway, Ukraine tensions drag on

Regulator asks commercial banks to make KYC ironclad as frauds rise. More on that story in our top headlines.

LIC. (Photo: Bloomberg)
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Photo: Bloomberg

BS Web Team
Europe is tense as a senior Joe Biden administration official says Russia's claim of withdrawing troops from the border with Ukraine is "false". Head further down for more on this and other stories in our morning wrap.

Govt plans to tap around 180 investors for LIC IPO 

For the road shows of Life Insurance Corporation of India’s (LIC’s) listing, the government will approach large investors who have not yet anchored any Indian initial public offering (IPO) and those who focus only on large public offerings, officials in the know said. The government is trying to connect with more than