IndiaInsurance
28th February 2022, 07:53 AM
https://img.etimg.com/photo/89843221.cms (https://economictimes.indiatimes.com/wealth/invest/should-you-invest-in-lic-ipo-here-are-the-good-the-bad-and-downright-ugly-details/articleshow/89843221.cms)LIC has remained obliged to do the government’s bidding whenever called upon. Its massive cash pile is regularly used to recapitalise public sector banks, get public offers of PSUs over the line to meet disinvestment targets and more.
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