Thursday, August 6, 2020

LIC’s gross NPAs in debt soars to 8.17%

LIC’s balance sheet grew to ₹31.24 trillion at the end of fiscal 2020 from ₹30.56 trillion in March 2019.The government is likely to divest up to 10% stake in LIC to meet its divestment target and compensate for the widening fiscal deficit

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