LIC gets big green signal from RBI: Approval to increase stake in ICICI Bank to 9.99%
A major development came to light in the country's financial and banking world on Saturday, when the Reserve Bank of India (RBI) gave formal approval to the country's largest life insurance company Life Insurance Corporation of India (LIC) to increase its total stake in the second largest private sector lender ICICI Bank to 9.99 percent. … Read more