ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Sieving the Substance

The LIC–IDBI Deal

In the context of the recent deal between the Life Insurance Corporation of India and Industrial Development Bank of India, is this proposed investment prudent from its impact onLIC’s balance sheet and income prospects as well as from an average premium payers’ standpoint? A possible alternative in whichIDBI’s retail assets could have been sold to a commercial bank and the remaining project finance portfolio turned into a wholesale and long-term finance bank is discussed.



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Updated On : 24th Aug, 2018

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