Video: Why LIC's decision to buy majority stake in IDBI Bank is a mistake : News Reel: Business Today
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Video: Why LIC's decision to buy majority stake in IDBI Bank is a mistake

July 5, 2018
Life Insurance Corporation's talks to acquire the ailing IDBI Bank amounts to throwing good money after bad. The nation's largest insurer has decided to acquire a majority stake in the hugely loss-making IDBI Bank, possibly under government pressure. Watch this video where BusinessToday.in Editor Rajeev Dubey explains why LIC's decision to buy majority stake in IDBI Bank is not a wise choice.



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