*Government to Sell Up to 6.54% Stake in LIC Through OFS, Aims to Raise Over ₹31,600 Crore and Meet Public Shareholding Norms* The Government of India has announced an Offer for Sale (OFS) of up to 6.54% stake in Life Insurance Corporation of India (LIC), aiming to raise more than ₹31,600 crore. The disinvestment will help the government meet LIC's minimum public shareholding requirement well ahead of the regulatory deadline. *Read More*: https://thekanal.in/en-IN/details/government-to-sell-up-to-654-stake-in-lic-through-ofs-aims-to-raise-over-31600-crore-and-meet-public-shareholding-norms-26063 #banking