Plan on course for LIC IPO in last quarter of this fiscal: DIPAM Secy

The Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey has refuted reports stating that the Life Insurance Corporation's (LIC) initial public offering (IPO) is unlikely to take place in the current financial year ending March 2022. "It is reiterated that plan is on course for the IPO in the last quarter of this fiscal," Pandey said.