For LIC IPO, authorities might ask regulators to ease new norms on investments

The federal government might search a particular exemption from the Securities and Alternate Board of India (SEBI) and the Reserve Financial institution of India (RBI) on the applicability of the not too long ago launched and but to be examined norms with respect to anchor buyers. The lock-in interval and cap on excessive web price particular person (HNI) financing for Life Insurance coverage Company of India’s (LIC) preliminary public providing (IPO), the individuals stated.

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First revealed: Thu, 21 April 2022. 01:56 IST

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