Life Insurance Corporation of India (LIC) is expected to complete the stake buy in a health insurance company by the end of current financial year, Chairperson Siddhartha Mohanty said on November 8.
“The groundwork is on. By the end of this financial year, I am expecting that we will have some stake in a standalone health insurance company, after receiving clearances from regulatory authorities,” Mohanty said during the post-earnings conference call.
