Indias LIC plans investment exposure caps post Adani share rout udaipurkiran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from udaipurkiran.com Daily Mail and Mail on Sunday newspapers.
After the Adani group lost over $100 billion in valuation post scathing allegations by US-based Hindenburg Research, state-run LIC was criticised for having over $4 billion exposure to companies from the group.
The Life Insurance Corp. of India is planning to impose caps on its debt and equity exposure to companies, two sources said, in a bid to lower concentration of risk following criticism of its. | March 24, 2023
The Life Insurance Corp. of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a bid to lower concentration of risk following criticism of its investment in Adani group companies.