LIC IPO delay
LIC IPO expected share sales drops to $6.6b
LIC IPO expected share sales drops to $6.6b
Initial reports predicted that the Indian life giant share sales would be at $8b.
India central bank hints on possible delay of $8b LIC IPO
Several current events may have factored in on the delay.
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Ageing populations and rising mortality main concerns for life insurers and reinsurers