LIC ne 2430 Crores diye Govt of India ko Nation Development ke liye
LIC ke chairman V.K Sharma ne Rs.2430 crore ka Cheuqe Finance Minister Arun Jaitley ko diya Desh ke development ke liye
Speaking to reporters here after meeting the Finance Minister, Sharma said that state-owned Life Insurance Corporation (LIC) recorded a surplus of Rs 48,444 crore during the the last fiscal 2017-18.
He said that LIC would also infuse Rs 15,000-20,000 crore into the loss-making IDBI Bank struggling with accumulated bad loans.
LIC received cabinet approval earlier this year to buy 51 per cent stake in state-run IDBI, which will make the government a minority shareholder in the bank
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