One of India’s largest capital allocators shows a slight difference in trend when it comes to private sector investments following the coronavirus (Covid-19) pandemic.
The Rs 40 trillion Life Insurance Corporation of India's (LIC) share of investments in the private sector had been going down. This trend has reversed in the recent past. The overall allocation, however, remains lower than it was a decade ago.
LIC's share of private sector investments had touched a 16-year low of 14.9 per cent in 2019, an analysis by the Reserve Bank of India showed. This has risen in the subsequent two years. It was