LIC policyholders carry disinvestment

Mar 6

LIC policyholders carry disinvestment

Small policyholders of the country’s largest life insurer are carrying the can for the government’s ambitious disinvestment programme. Almost all of Life Insurance Corporation (LIC) of India’s investment calls in the government’s disinvestment programme that restarted in 2009 have gone wrong, resulting in huge notional losses for policyholders in the underlying schemes
http://www.business-standard.com/india/news/lic-policyholders-carry-disinvestment-can/466727/

 

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