LIC's strategy shift helps reducing government borrowing costs: Report
India's largest insurer, LIC, has increased its purchases of federal and state debt to reduce capital volatility and lower government borrowing costs. This shift has helped states reduce costs by over 40 basis points in the past 15 months.
DNA News Desk
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India's largest insurer, LIC, has increased its purchases of federal and state debt to reduce capital volatility and lower government borrowing costs. This shift has helped states reduce costs by over 40 basis points in the past 15 months.
