LIC IPO: Govt may defer launch to next fiscal amid Russia-Ukraine war, say experts
Business | Mar 06, 2022, 11:55 AM ISTThe government was looking to sell 5 per cent stake in Life Insurance Corporation (LIC) this month, which could have fetched over Rs 60,000 crore to the exchequer. The IPO would have helped meet the curtailed disinvestment target of Rs 78,000 crore this fiscal.