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India Boosts LIC Share Sale to $3.3 Billion on Strong Demand

India on Tuesday expanded the size of its share sale in the state-run insurance giant to raise $3.3 billion after the base offer was oversubscribed, bolstering public finances amid challenges posed by high oil prices.

India Boosts LIC Share Sale to $3.3 Billion on Strong Demand

India on Tuesday expanded the size of its share sale in the state-run insurance giant to raise $3.3 billion after the base offer was oversubscribed, bolstering public finances amid challenges posed by high oil prices.

Energy Bloomberg Aug 4, 2026

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