 "LIC")
We have seen the market impact of coronavirus on SBI Cards’ listing and there will be a question mark now on the other mega initial public offering (IPO) which is in the works — that of the Life Insurance Corporation (LIC).
The listing of LIC is being thought when it is still a pre-dominant player in the sector. This is just like in the case of the State Bank of India in 1993. Soon after, new private bank licenses were issued. We have seen that government decision-making wasn’t as astute in the case of both Mahanagar Telephone Nigam (MTNL), and
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