LIC cleans books of bad loans as it gets IPO-ready ...Middle East

The Times of India - News
LIC cleans books of bad loans as it gets IPO-ready
The Life Insurance Corporation of India (LIC) is cleaning up its books ahead of its initial public offering (IPO) later this year. The corporation, which brought down its net non-performing assets to 0.05% as of March 2021 from 0.79% as of March 2020, is now selling its fully provided NPAs.

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