News From Press Merger between LIC MF and IDBI MF in advanced stage: LIC Mutual Fund MD

Merger between LIC MF and IDBI MF in advanced stage: LIC Mutual Fund MD

Source: Business Standard Sep 30, 2022

Merger between LIC Mutual Fund and IDBI Mutual Fund is at a "fairly advanced stage", a top official said on Thursday.

"The process is on, it is at a fairly advanced stage," LIC MF's managing director and chief executive T S Ramakrishnan told reporters, when asked about reports of the merger.

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