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LIC plans investment exposure caps post Adani share rout

LIC plans investment exposure caps post Adani share rout

by AIP Online Bureau | Mar 24, 2023 | Indian News, Life, Policy

Currently, the insurer cannot invest more than 10% of outstanding equity in a company and 10% of the outstanding debt. New Delhi: The Life Insurance Corp. of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a...

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