@aruna_raparla LIC OF INDIA fulfilling the needs of insurance and savings of Indian people. It is not only providing insurance and savings of almost 40 crore policyholders, but it also stood as solid financial helping institute to the Govt, whenever need arises. No need of IPO in LIC.
"Life Insurance Corporation of India" was formed in the Parliament with an act "LIC Act 1956" and given certain social obligations to serve the nation by safe guarding the peoples small premiums and use for nation building activity. LIC doing remarkably well Then why IPO of LIC?