The Government of India has recently given a clarification on the sale of LIC.Yes.Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management, said in a recent press conference that he would give some clarity on the sale of the bank.The central government holds 45.48 per cent stake in the bank and the non-promoter shareholding holdings in the bank stands at 5.29 per cent.Information that has been consulted.It appears that all licenses are reviewing technical aspects in this regard.He said LIC was planning to jointly sell its stake in the government, but did not intend to sell the entire stake.
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