India seeks swift review of LIC prospectus to fast track country's largest IPO

India seeks swift review of LIC prospectus to fast track country's largest IPO

FILE PHOTO: A bird flies past the logo of Life Insurance Corporation of India (LIC) at one of its offices in New Delhi, India September 14, 2021. REUTERS/Anushree Fadnavis

The Indian government has asked regulators for a swift review of Life Insurance Corporation’s draft prospectus, two government sources with knowledge of the matter said – as it pulls out all the stops to have the country’s biggest IPO completed by the end of March.