India: Eighteen investment banks vie for LIC's massive IPO mandate

India: Eighteen investment banks vie for LIC's massive IPO mandate

Photo: Pixabay

Eighteen investment banks are competing to manage the initial public offering (IPO) of Life Insurance Corp. of India, which is set to be the biggest share sale in the country, three people aware of the selection process said. The last date to submit bids was Friday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter