The government will launch the initial public offering (IPO) of ECGC in FY23 to “unlock its true value” and infuse capital of Rs 4,400 crore into the company, which has an 85% share in the country’s export credit insurance market, over the next five years. The government has also approved ...

The government has appointed ten merchant bankers including SBI Capital Market Limited, Goldman Sachs (India) Securities, Citigroup Global Markets India and Nomura Financial Advisory and Securities India to manage the Initial Public Offering, IPO of Life Insurance Corporation of India, LIC. The ...