ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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End Use of Proceeds Should be Expanded

LIC Must Adopt Industry Best Practices

The article argues that the Government of India must set a realistic initial public offer price band for the Life Insurance Corporation, taking into account the insurer’s risks and weaknesses. The LIC’s IPO is currently an offer for sale wherein the GoI will receive all proceeds. The LIC must also receive a share of the initial public offer proceeds to strengthen its solvency and profitability.

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Updated On : 21st May, 2022
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