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Why taking over IDBI Bank may be a bad deal for LIC

By Aman Malik

  • 16 Jul 2018
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Why taking over IDBI Bank may be a bad deal for LIC
Credit: Shah Junaid/VCCircle

When all else fails, complicate matters. Aaron Allston, the American science fiction author best known for Star Wars novels, is said to have made this remark. But it seems apt for a not-so-fictional development playing out in India, as the government has turned to Life Insurance Corporation (LIC) to bail ......

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