LIC made Rs 42k crore gains via share sale in FY22, remains contrarian equity investor - Moneycontrol


5/31/2022 12:00:00 AM2 years 11 months ago
by Aparna Iyer

The insurance behemoth will focus exclusively on increasing the share of non-participatory products to drive growth and profitability in FY23.

Life Insurance Corporation of India (LIC), Indias largest asset manager and also the biggest bailout balance sheet for the government, has raked in a cool Rs 42,000 crore worth of realised gains from… [+2710 chars]

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