Even as economists of the world look towards India optimistically, statistics say that all is not well. The credit outlook for most Indian banks remains negative after the changes made in January earlier this year. Though the fundamental credit outlook was stable, the economic conditions still remain challenging and the number of problem loans or [...]

The Life Insurance Corporation of India is the largest life insurance company in India and also the country’s largest investor.; it is fully owned by the Government of India. It also funds close to 24.6% of the Indian Government’s expenses.It has assets estimated of 5 Trillion Rupees. It was founded in 1956.
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