Life Insurance Corporation of India has become the top investor in the share sales of UCO Bank, Central Bank of India, Indian Overseas Bank, and Punjab & Sind Bank. These banks collectively raised ₹6,155 crore. Other investors include SBI Life Insurance, ICICI Prudential Life Insurance, IIFL Finance, pension funds, and state-owned banks.
Recent Posts
- Microsoft and retired military chiefs back AI company Anthropic in court fight against Pentagon
- Middle East conflict: Get ready for oil to hit $200 a barrel, warns Iran as IRGC strikes Thai vessel in Hormuz Strait
- Oil prices jump over 6% despite IEA move to release 400 million barrels of crude amid US-Iran war; Brent back above $90
- Charles Schwab’s direct crypto offering is coming soon. What to know.
- Binance, Ripple, PayPal Join Mastercard’s 85+ Partner Crypto Initiative