Insurance regulator allows LIC to buy up to 51 percent in IDBI Bank - reports

MUMBAI (Reuters) - India's insurance regulator has allowed the country's largest state-run insurer Life Insurance Corporation (LIC) to buy a stake of up to 51 percent in state-owned lender IDBI Bank, according to media reports on Friday.

from Reuters: Money News https://ift.tt/2KtmyIF