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LIC weighs plans to invest in health, fintech

The Centre raised Rs 31,552 crore in an offer for sale (OFS) at Life Insurance Corp of India, which MD R Doraiswamy attributes to growing investor trust in the insurance behemoth. Doraiswamy tells Shilpy Sinha that LIC will now focus on meeting market expectations, expanding distribution, improving margins and evaluating opportunities in health insurance and fintech, while maintaining its leadership position in India’s life insurance market.What does OFS mean for LIC? It shows the confidence th…

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Economic TimesLean R·1h ago
LIC weighs plans to invest in health, fintech
The Centre raised Rs 31,552 crore in an offer for sale (OFS) at Life Insurance Corp of India, which MD R Doraiswamy attributes to growing investor trust in the insurance behemoth. Doraiswamy tells Shilpy Sinha that LIC will now focus on meeting market expectations, expanding distribution, improving margins and evaluating opportunities in health insurance and fintech, while maintaining its leadership position in India’s life insurance market.What does OFS mean for LIC? It shows the confidence th…
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LIC weighs plans to invest in health, fintech

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