🧐 Bank Officers Association questions LIC exit
The Bank Officers Association is requesting the insurance regulator to look into LIC's planned exit from certain areas. This request specifically targets LIC's procedural exit strategy from operations. The association has been raising these concerns since mid-2023, seeking transparency on the process. This move comes amidst growing industry scrutiny over large public sector undertakings. Future action depends on the regulator's decision to initiate a detailed examination. 🧐