Daily Current Affairs / Government appoints 10 merchant bankers to manage LIC's IPO
Category : National Published on: September 10 2021
· The Government of India has appointed 10 merchant bankers to manage the Initial Public Offering of Life Insurance Corporation of India (LIC).
· LIC's IPO is likely to launch in the January-March quarter of 2022.
· In case of IPO, the role of merchant bankers is issue management, promotional activities, credit syndication, project counseling and portfolio management etc.
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