LIC’s exposure to Adani much less than to other groups, say officials
Government officials have denied allegations of influencing LIC’s investment decisions, stating the insurer’s board-approved policies govern its investments. They emphasized LIC’s exposure to the Adani Group is significantly less than to other major conglomerates like Tata and Reliance, with investments subject to regulatory oversight.🕒 1 min read
Government officials have denied allegations of influencing LIC’s investment decisions, stating the insurer’s board-approved policies govern its investments. They emphasized LIC’s exposure to the Adani Group is significantly less than to other major conglomerates like Tata and Reliance, with investments subject to regulatory oversight.
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