Monday, December 1, 2025

BANKING

Finance Minister Nirmala Sitharaman clarified the government's non-interference in Life Insurance Corporation's investment choices. She affirmed that LIC makes its own decisions, adhering to strict regulations. Investments are overseen by auditors and the IRDAI. LIC's current holdings in Adani Group companies stand at ₹48,284 crore. This highlights LIC's independent investment approach.

from Banking/Finance-Industry-Economic Times https://ift.tt/ziU9nDE
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