LIC discussing long-term investment instruments with regulators amid growing liabilities: CEO
State-owned Life Insurance Corporation of India (LIC) is engaging with key financial regulators, including the Reserve Bank and SEBI, to expand the availability of long-term investment instruments as inflows into its annuity products keep on rising, CEO and MD R Doraiswamy said. An Annuity product converts an accumulated retirement corpus into a guaranteed, lifelong stream of income. When one invests…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
 is enga){kind=link}