Life Insurance Corporation of India is thinking to increase its investments across different portfolios up to Rs 1.6 lakh-crore by March despite witnessing a 17-18 per cent fall in its policy sales during 2009 fiscal.It has already put in Rs 1.02 lakh crore in the 2009 fiscal in various segments which includes around Rs 29,000 crore investments in equities which is likely to go upto Rs 40,000-crore by end-fiscal.
LIC had invested Rs 97,000-crore in the 2008 fical. LIC has seen a rise in the number of corporates approaching for debt this year on account of the credit crunch in financial markets.
LIC had invested Rs 97,000-crore in the 2008 fical. LIC has seen a rise in the number of corporates approaching for debt this year on account of the credit crunch in financial markets.
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