LIC to invest 80,000 crs to match last year’s figures


In a last-ditch effort to match last year’s investment figures, Life Insurance Corporation of India (LIC), the largest domestic institutional investor in the country, is looking to invest Rs 80,000 crore in debt and equities during the Jan-March period of this financial year. Of this Rs 15,000-20,000 crore would be invested in equities, with the rest going to debt instruments, a top official said on Thursday
http://www.business-standard.com/india/news/lic-to-invest-rs-80000-cr-to-match-last-year/s-figures/461686/

 

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