Business

India to Sell Stake in Largest Life Insurer

Updated 2026-08-04 02:25 UTC 1 source Neutral

The Indian government plans to raise up to $3.3 billion by selling its stake in the country's largest life insurance company at a 10% discount. The move is aimed at increasing private sector participation and improving financial health.

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CNBC
Indian government plans to raise up to $3.3 billion by selling its stake in the country's top life insurance company.
2026-08-04 02:16 UTC
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