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View Full Version : LIC's banking bid hits a hurdle



IndiaInsurance
10th March 2010, 04:26 AM
Life Insurance Corporation’s (LIC) plans to float a bank has hit a hurdle after the insurance regulator IRDA refused it permission to use policyholders’ funds for setting up a subsidiary

More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/LICs-banking-bid-hits-a-hurdle/articleshow/5665241.cms)