 "cash, fund, money, Rupee, growth, transaction, investment, sell, buy, market, acquisition, stake, share, stock, incentive")
Life Insurance Corporation (LIC) has an exposure of more than Rs 20,000 crore to various entities’ debt instruments that have been downgraded to the default category by credit rating agencies.
The exposure, which is for the period ended September 2019, is across various platforms such as life funds, pension funds, and unit-linked funds.
According to LIC’s public disclosure, its Rs 6,120-crore exposure to the insolvent mortgage lender Dewan Housing Finance has been downgraded to default.
Similarly, its Rs 7,949.98-crore exposure to various Anil Ambani-owned companies such as Reliance Capital, Reliance Communications and Reliance Home Finance have been
The exposure, which is for the period ended September 2019, is across various platforms such as life funds, pension funds, and unit-linked funds.
According to LIC’s public disclosure, its Rs 6,120-crore exposure to the insolvent mortgage lender Dewan Housing Finance has been downgraded to default.
Similarly, its Rs 7,949.98-crore exposure to various Anil Ambani-owned companies such as Reliance Capital, Reliance Communications and Reliance Home Finance have been
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