Irdai permits LIC to pick up to 51% stake in debt ridden IDBI Bank - Global News | Latest & Current News - Weather, Sports & Health News
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    Irdai permits LIC to pick up to 51% stake in debt ridden IDBI Bank

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    State-owned LIC has been looking to enter the banking space by acquiring majority stake in IDBI Bank as the deal is expected to provide business synergies despite the lender's stressed balance sheet.

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