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.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3dZbukl
LIC cleans books of bad loans as it gets IPO-ready
![LIC cleans books of bad loans as it gets IPO-ready]()
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July 08, 2021
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